devinitorg/iati-policy-markers huggingface dataset:
Delta Petroleum The project entails a $45 million corporate loan to Delta Petrol Urunleri Ticaret A.S (Delta). The proceeds of the loan will be used:  - to expand the companys current 300,000 m3 Dortyol Petroleum Products Storage Terminal, through the construction of an additional 300,000m3 of capacity, in addition to a jetty with three berthing stations, with capacity to load and discharge vessels of up to 165,000 dwt; and  - to expand Delta''s petroleum products distribution network, through its Gulf branded service stations.   Delta engages in three related business lines:   - storage of petroleum products at its Dortyol storage facility, in Iskanderin Bay, in the eastern Meditteranean;  - trading and transport of petroleum products, primarily based on sales to, or purchases from, Iraq over the Iraq / Turkey Northern Corridor, supported by a fleet of Delta-owned LPG trailers, and a transport contracting operation; and  - distribution of petroleum products in Turkey, through a network of Gulf and Delta branded service stations. The project will enable Delta to import and store larger quantities of petroleum products and improve reliability of supply, while simultaneously supporting growth in the companys petroleum products distribution business. The project will significantly increase third party storage capacity in Turkey, and the Mediterranean region, contribute to the expansion of the petroleum products distribution sector and improve the availability of petroleum products, both in Turkey and the region.   Growth impacts of the project would arise from lower petroleum products prices, more reliable supply, and the impacts on the economy associated with the financial return of Delta.   At the same time the project would be expected to increase access to petroleum products, in Turkey  especially in the rural areas served by Deltas expanded distribution network  and in the region.  IFC would also be supporting an expanding medium sized Turkish company, with attendant economic linkages. Delta already has significant regional interests, which IFCs financing would strengthen, thus contributing to South-South linkages.
Turkish Leasing The proposed project consists of a loan facility for two Turkish leasing companies - Garanti Leasing and Koc Lease  which would use the funds to expand their leasing business with SMEs. The primary beneficiary of the project would be SMEs which continue to drive export activity and economic growth in Turkey, and for whom leasing is often the only means of medium- to long-term financing.  The proposed project builds on IFCs previous Turkish leasing projects which have played a critical role in supporting the development of the countrys leasing industry.
Meteksan Sistem Meteksan Sistem Ve Bilgisayar Teknolojileri AS (Meteksan, or the company) is one of Turkeys leading information technology (IT) companies.  The companys primary focus is to provide turnkey IT solutions for government agencies, state-owned enterprises, and large and medium-sized private sector corporations. The company is headquartered in Ankara, Turkey and employs approximately 400 full-time staff.

The project consists of: 
-  refinancing short-term debt and current maturities of long-term debt; 
-  financing capital expenditures; and 
-  funding working capital needs to position the company for growth.  

The proposed IFC loan would extend the average maturity of the companys debt beyond what is currently available in the market for Turkish companies.
FinansL EE Project There remains a large gap in Turkey between the strong economic and environmental potential of Sustainable Energy (SE) projects versus their limited commercial realization. A major cause of this gap is the perceived risk of SE investments and the lack of effective project delivery capacity and financing mechanisms. Investment is necessary but by itself not sufficient to develop, implement and finance SE projects. Other services are needed to market SE projects programmatically to aggregated sets of energy users, prepare projects for investment working through the full project cycle, and build capacities of market actors including SE equipment and service companies, FIs, energy suppliers/utilities and end-user groups.  

This Project meets these strategic priorities of expanding SMEs access to finance as well as promoting SE among SMEs by working with Finans Leasing that has reach into SMEs and is keenly interested in SE.  IFC will collaborate with other IFIs on an advisory services package that would provide assistance to expand the SE market in Turkey and particularly to Finans Leasing in identifying, financing and monitoring SE projects. The project is expected to generate a range of environmental and economic benefits related to the development of the sustainable energy finance and stream of Energy efficiency project investments in Turkey.
Seker Sub Project The proposed project consists of a subordinated loan of up to US$50 million to Sekerbank which would qualify as Tier II capital. The proposed investment intends to strengthen Sekerbanks balance sheet by expanding its capital base, as well as support its growth strategy, focusing on the MSME segment. The subordinated loan would be used to finance the Banks lending operations to women owned SMEs (minimum 50% of facility amount) and the MSME segment in general. The key development objective of this project is to increase financial inclusion in Turkey. The project is designed to improve access to finance for MSMEs in Turkey, with a special focus on women owned businesses (at least 50% of the project amount will be used to on-lend to women owned SMEs). By working with Sekerbank, which has a growth strategy with a particular focus on MSMEs, this project is intended to demonstrate the business opportunity presented by women enterpreneurs as an under-served market.
Garanti Bank DCM Gender Bond 0  0  0  0  0  0  0  0  0.0000                The proposed Project entails   an   investment of up to US$75 million      in the fi  rst gender bond investment   with an existing, well regarded and performing IFC client,     Turkiye Garanti Bankasi A.S. (Garanti, TGB, or the Bank).           The bond to be issued by the Bank will be   part of its   GTMN   programme and the proceeds of the bond issuance will be used to support the Banks lending operations to   finance working capital needs of women  -owned small enterprises in Turkey. The Project will support one of the leading private banks having a good geographical coverage and product coverage in micro and SME segment. The proceeds will be used for financing small business owned by women, supporting their access to long term funding. Garanti has the strongest banking on women program in Turkey and this transaction will further contribute to its track record of serving women customers and business owners. Furthermore, around 46 percent of the banking sector's foreign exchange funding matures in less than a year. IFC's funding would help Garanti in responding to its clients' long term funding needs while matching maturities more effectively. The Project would strengthen IFC's role of increasing access to finance for women by partnering with a financially sustainable bank (2nd largest Turkish private bank by assets) by supporting it in areas of strategic interest such as banking on women. IFC will continue to help developing Turkey's capital markets through the issuance of a new instrument- the country's first gender bond issuance in local currency.
YKL Climate The project is a senior unsecured loan up to US$120 million to Yapi Kredi Leasing (?YKL?), a long-standing IFC client in T?rkiye to finance eligible Climate Change Mitigation and Adaptation Projects in T?rkiye. The proposed financing will support the development of T?rkiye?s Climate Finance market by providing an innovative new product to the largest leasing company which has an extensive reach into the small and medium enterprises (?SME?) segment.   Established in 1987, Yapi Kredi Leasing is a fully owned subsidiary (99.99%) of Yapi Kredi Bank, the third largest private bank in T?rkiye by assets. The Company benefits from the extensive network of Yapi Kredi, its client base, underwriting procedures and risk management policies. The most significant expected project-level outcome is increased access to climate finance, including climate mitigation and adaptation financing in the form of green and blue leasing loans for SMEs. Beyond the Project, IFC anticipates that the Project will increase the market?s sustainability by catalyzing other market participants to also engage in blue financing via innovation and demonstration channels.
Lease Securitization Summary Of Project Information (SPI)       Project Name    Turkey - Lease Securitization      RegionCentral & Southern Europe   Sector   Project No009551   Projected Board DateSeptember 28, 1999   Company NameGaranti Leasing   Technical Partner and/or Major Shareholders    	Garanti Leasing is an 80% owned subsidiary of Garanti Bank, a commercial bank established in 1946, and one of Turkeys leading private banks. The remaining 20% share is owned by Korfez Bank. Garanti Bank and Korfez Bank are members of the Dogus Group of Companies. The Dogus Group is a Turkish conglomerate with interests in construction, financial services, automotive production and sales, food processing, leisure, mass media, and other services. The Group was established in 1951, is owned by the Sahenk family and is professionally managed.    Project Cost Including proposed IFC investment    	Project cost: up to US$70 million. This will be funded by an up to US$10 million IFC A Loan and an up to US$60 million IFC B Loan.    Location of project and Description of site    	Garanti Leasing is located in Turkey, with its headquarters based in Istanbul.    Description of Company and Purpose of Project    	Garanti Leasing is among Turkey''s largest leasing companies with assets of US$210 million as at June 30, 1999. The proposed project consists of the securitization of a portfolio of lease receivables held by of Garanti Leasing in order to provide the company with medium term funding which it cannot access otherwise through direct borrowings on its balance sheet. Garanti Leasing will use the proceeds to better match its asset-liability structure, further strengthen its balance sheet and built a more diversified leasing portfolio.    Environmental Category and Issues    	This is a Category FI Type 1 project. Garanti Leasing will be required to implement an environmental management system and require that leased assets under relevant operations comply with the applicable environmental, health and safety requirements of Turkey. IFC will work with Garanti Leasing to develop a capacity to ensure these requirements are met. Garanti Leasing will be required to provide an annual environmental performance report.       Date SPI sent to InfoShop     August 27, 1999      This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
Demir Finansal Kiralama A.S. (Multicompany w/ Projects 8554,8586, 8555) Summary Of Project Information (SPI)       Project Name    Turkey-SMSE Leasing Finance Facility            Region    Europe        Sector       Project No008552   Projected Board DateDecember 18, 1997   Company Name(1) Demir Leasing (Project No. 8552) (2) Finans Leasing  (8554)(3) Garanti Leasing (8586)(4) Yapi Kredi Leasing (8555)   Technical Partner and/or Major Shareholders    	(1) Demir Bank; Cingilli Holding (2) Fiba Factoring; Fiba Holding (3) Garanti Bank; Dogus Group (4) Yapi Kredi Bank; Cukurova Group    Project Cost Including proposed IFC investment   	   	A US$20 million IFC credit line to be channeled through four Turkish leasing companies; the proceeds would fund medium-term leasing of productive equipment by small and medium-sized Turkish enterprises.    Location of project and Description of site    	Istanbul, Turkey    Description of Company and Purpose of Project    	The proposed project would onlend IFCs funds through 4 leasing companies.  Each of these companies has strong shareholders (all are majority owned or controlled by reputable banks), strong management, good growth prospects and good financial performance.  Each company also has a sound portfolio, with little or no bad debt.  The project would be integral to IFCs ongoing efforts to support Turkeys small and medium-sized enterprises and its leasing industry, through institution building and funding.   	   Environmental Category and Issues    	This is a category FI project according to IFCs environmental review procedure.  For relevant operations, each leasing company will be required to implement an environmental risk management system.  In addition, IFC will assess each companys capability to conduct environmental reviews.       Date SPI sent to PIC     November 26, 1997     For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
AkEnerji Project The Project consists of A and C loan financing to Akenerji Elektrik Üretimi A.S. (Akenerji) to support five small scale hydropower projects under construction / development on Seyhan river basin and future potential power distribution projects pursued by AkEnerji.  The Project cost for Akenerji to complete these five hydropower projects is $338 million.  The proposed IFC investment consists of up to $ 65 million A loan and $10 million C loan to Akenerji. The Projects development impact is as follows: (i) creating 160MW additional renewable energy for the country; (ii) supporting power sector reform by increasing the share of private generation in Turkey's overall electricity generation in order to move towards possible EU accession and the creation of a regional energy market; and (iii) leveraging IFC's experience in financing generation projects in deregulated markets. Through the above, the Project will positively impact the fiscal and macroeconomic stability of Turkey.
Isbank DPR Project The proposed project aims to provide a financing of up to US$100 million to Turkiye Is Bankasi A.S. (Isbank or the Bank), the largest private bank in Turkey and a long-standing IFC client, through an investment in Diversified Payment Rights (DPR) notes to be issued under Isbanks existing DPR program. The proceeds of IFCs investment would provide long-term financing to support Isbanks financing of residential mortgage loans to individuals in Turkey, with potentially up to US$35 million to be earmarked for green mortgages (the Project). Improved access to housing finance: IFC anticipates that the Project will contribute to the increase in access to housing finance in Turkey, as 100% of the use of proceeds will be allocated for residential mortgages.
Improved access to green housing finance: IFC anticipates that the Project will contribute to the increase in access to green housing finance in Turkey, as up to $35 million of the use of proceeds potentially will be allocated specifically for green mortgage loans.
RSF Deniz Agri The project aims to support DenizBank A.S (DenizBank or the Bank), an existing IFC client, with two facilities for a total IFC risk exposure of up to US$ 325 million: (i) an unfunded Risk Sharing Facility (RSF) for a US$ 400 million loan portfolio, for which IFC will provide a 50% guarantee with US$ 200 million maximum exposure for IFC; and (ii) US$ 125 million investment by IFC in the form of Diversified Payments Rights (DPR) medium term notes. The use of proceeds for both facilities is to support the Bank's lending program to qualifying agribusiness farmers and MSMEs whose main business or activity is primary agricultural production and/or agricultural product processing facility (which for the avoidance of doubt excludes food and beverage processing) sector in Türkiye (MSMEs). Increased finance for micro and some small, and medium size enterprises (MSMEs) in the agriculture sector. IFC Investments through DenizBank will support much needed financing to local MSMEs that are engaged in agriculture, which is one of the key sectors of Turkish economy, supporting 18% of the countrys employment.
OPET Petrolculuk Opet Petrolcülük A.S. (Opet or the company) is a retail distributor of petroleum products in Turkey, owned 50% by the Koç Group of Turkey and 50% by Opets founding shareholders, the Ozturk family.  The project is aimed at strengthening the companys position in the Turkish petroleum products distribution industry and enhancing its competitiveness in advance of further liberalization.  The project is comprised of :  -  the construction of a greenfield marine terminal and tank storage facility which will increase the companys oil products storage capacity from 320,000 m3 to 766,000 m3; and,  -  expansion of the companys existing retail distribution network, with new stations primarily located in the larger cities of Turkey.    The distribution expansion network will enhance the companys brand recognition in the lucrative Istanbul, Izmir and other larger retail markets. In addition, the project will enable Opet to import larger parcels of products, store in-house, reduce transportation costs and improve the reliability of supply, while simultaneously supporting growth in its fuel distribution business. Opet hopes to take advantage of its strategic location at the mouth of the Black Sea to offer bunkering facilities for Caspian oil products. The intense sea traffic in the region will also give Opet the opportunity to purchase low-cost petroleum products.
PALEN Project Palen Enerji Dogal Gaz Dagitim Endustri ve Ticaret Anonim Sirketi (Palen) is an incorporated joint stock company that was created on October 22, 2003 to carry out the natural gas distribution activities in Erzurum per its license.  Palen is 89% owned by Palmet and an aggregate of 10% by the Erzurum (9.5%) and Ilica (0.5%) municipalities, with the balance owned by three Palmet employees.

The purpose of the project is to develop, construct and operate a natural gas distribution system in the city of Erzurum, located in eastern Turkey. This will involve the construction of medium and low pressure gas distribution pipelines throughout the city and connecting residential, commercial and industrial consumers in the license areas, primarily in the first three years of the 30-year license.  BOTAS, the state-owned oil and gas company, will supply natural gas to the project.
Trakya Cam VIII Trakya Cam (the Company or Trakya), being the flat glass arm of Sisecam, is a publicly listed leading flat glass manufacturer with a 68% percent domestic market share in Turkey and ranks among the leading 6 flat glass companies in the world with significant exports. The project is to support Trakya''s energy efficiency investment program (the "Project") and includes the following capital expenditures (i) cold repair and revamping of furnaces at Trakya''s Mersin plant in Southern Turkey; (ii) Waste heat recovery at Trakya-Mersin; (iii) flue gas treatment accompanied by a similar waste heat recovery unit at Trakya Bulgaria; (iv) other energy savings and efficiency improvements in Turkey. The Project is expected to improve productive efficiency significantly through cold repairs of existing furnaces, while resulting in lower energy consumption and reduce GHG emissions. The waste heat recovery projects in Turkey and Bulgaria also have the potential of being replicated in time in the Group''s other float plants and business segments.
DCM Yapi Kredi DPR The proposed project aims to provide financing of up to US$125 million from IFCs own account to Yapi Kredi (YKB or the Bank) through an investment in the Banks Diversified Payment Rights (DPR) notes. The proceeds of IFCs investment will enable the Bank to continue supporting Micro, Small, and Medium Enterprises (MSME) in Türkiye, with a portion earmarked for women-owned MSMEs (WMSMEs) and a portion for climate finance for MSMEs. The project will increase access to finance for MSMEs with part of the funding earmarked for WMSMEs and part for climate, thus helping promote economic growth, increased employment, & generation of higher income. IFCs support will also enable YKB to increase its green finance portfolio, leading to GHG emissions savings and creating a strong demonstration effect for other Turkish banks.
Plato Project Plato is a Turkish private education provider which started operations in 2009 with two vocational education institutes; Plato College for Higher Education in Istanbul, Turkey and Plato University of Management and Design in Bishkek, Kyrgyzstan. Plato has grown from 70 students in academic year (AY) 2009-2010 to 1900 students in AY 2012-2013. Plato currently operates six vocational training centers in Turkey (additional five to be operational in the coming months) and one university in Bishkek, Kyrgyzstan.   Plato is implementing its 2012-15 expansion plan which constitutes: (i) expansion of its vocational learning centers across Turkey, (ii) introduction of new programs in its existing university in Bishkek and establishment of vocational training centers in Kazakhstan, and (iii) entrance into the Middle East and North Africa region with offering of quality post secondary vocational education programs relevant to labor market needs, thereby contributing to the goals of IFCs e4e Initiative for the Arab Youth (e4e). The total Project cost is estimated at US$ 12 million and IFC is proposed to fund a portion of this investment program. - Expansion of access to vocational education thereby increasing number of youth that have skills relevant to the job market, including soft skills. - Increase access to quality higher education and internationally accredited programs to lower income students and to remote communities. - Demonstration of financial viability and replicability of a vocational education model that could be applied to various markets across regions, including to post-conflict regions.  - Project is an example of south-south investments and will serve to strengthen regional communion.
SEDAS Project The Project consists of the financing of Akcez Enerji Yatirimlari Sanayi ve Ticaret A.S.s (Akcez) acquisition of 100% of the shares of Sakarya Elektrik Dagitim A.S. (SEDAS), the distribution company for the Sakarya region in north-western Turkey, and its capital expenditures.  Akcez acquired SEDAS through a privatization finalized in February 2009 where the company acquired 100% of the share of SEDAS for a consideration of $600 million, net of future capital expenditure requirements.  The proposed IFC investment consists of a $75 million A loan to SEDAS for IFCs own account, along with a $90 million B loan to be mobilized from international banks. The Projects development impact is as follows: (i) development of sustainable private power distributors by providing the first long term project financing to a distribution company in Turkey; (ii) demonstrating the viability of distribution privatization to help attract local and international investors to future distribution privatization tenders; (iii) supporting power sector reform in order to move towards possible EU accession and the creation of a regional energy market; and (iv) benefiting the end-users by bringing innovation and improved service levels. Through the above, the Project will positively impact the fiscal and macroeconomic stability of Turkey.