devinitorg/iati-policy-markers huggingface dataset:
Asyaport Project Asya Port Liman Isletmeleri A.S. (Asyaport or the Company) is developing a greenfield container terminal (the Project) with an expected annual handling capacity of 1.9 million twenty foot equivalent units that will mostly serve as a transshipment hub to the Black Sea via the Bosphorus. The Project will help facilitate trade between Black Sea countries, and Mediterranean and further afield countries, by developing a much-needed new, modern and efficient deepwater transshipment container terminal. This is particularly important given the strong growth forecasts for Black Sea countries, especially Turkey. The project will improve the port infrastructure to facilitate Turkey''s growing share of international trade. In addition, the Project will help Turkey realize future gains from developing water transport, which, when compared to road transport, has lower freight rates, more capacity, lower social costs from less road accidents, and less environmental impact. The Project will also create direct and indirect employment opportunities and increase revenues for the Government of Turkey through increased economic activity and higher tax payments, and royalty and lease payments.
Trakya Cam VI The project is to support Sisecam (the Sponsor) to finance the capital expenditure program of one of its largest subsidiaries and Turkish leading flat glassmaker, Trakya Cam Sanayii A.S.  (Trakya or the Company), over the next 2-3 year period in both Turkey and Bulgaria.    Trakyas investment (or the Project) comprises a program of $170 million over 2009-2012, which includes, and is not limited to:  - a solar glass project in Trakyas plant in Mersin, Turkey,  - secondary control systems at Trakya Bulgaria and for the solar glass plant,  - waste heat recovery,  - other general capital expenditures, and  - working capital and contingencies. The project will provide a strong demonstration effect and support development and expansion of solar business in other glass manufacturers in the region having a significant positive impact on climate change.  Sisecams investments in solar glass will encourage further investments in the supply chain and expansion of solar cell industry in Turkey which will create jobs and promote private sector investments in renewable energy.
Zenium Project The proposed project consists of the development, construction and operation of a 12,000 m2 data center in Istanbul and potentially a second facility in Ankara, Turkey. Built to top tier industry standards the two facilities shall be the first wholesale independent data centers in Turkey and will host Information Communications and Technology (ICT) infrastructure for mission critical applications, as well as provide off-site back-up of client data and systems.   Operating as carrier neutral data centers, these facilities will allow commercial clients to locate their ICT equipment in secure bespoke data halls, provide access to a stable power supply and offer connectivity alternatives with a host of data carriers (such as telecommunications operators and internet service providers), all whilst guaranteeing seamless, reliable service. Expansion of IT Infrastructure: Turkey''s DC sector options are limited in terms of quality, neutrality and scale. By bringing a Tier 3+ DC of this size to market, this Project shall address a pressing need for quality IT infrastructure and services.   Private Sector Development: Zenium will provide companies with access to a high quality, secure, resilient, earthquake resistant Tier 3+ DC facility that can host mission-critical, low latency, high-performance type applications that need to connect to applications of other accounts or other networks. The outsourcing of DC services will enable its tenants (governments, financial institutions and other enterprises) to benefit from these services in a cost effective manner without tying up capital for the construction of a non-core asset, freeing up capital for use in other areas.   Demonstration Effect: The success of this Project will act as a catalyst for further expansion of advanced DC offerings in Turkey by highlighting their potential to both domestic and international investors.
Kucukcalik LTF IFC will provide a senior secured loan of up to US$50 million equivalent in EUR (the IFC Loan) to Küçükçalik Tekstil Sanayi ve Ticaret A.S. (Kucukcalik, the Company), a vertically integrated textile manufacturer and exporter of home textiles operating in Türkiye and Egypt. The IFC Loan will finance the Company's investment program, which entails: (i) installing a semi-continuous polymerization plant to produce polyethylene terephthalate (PET) / polyester chips, (ii) expanding yarn spinning capacity from 60 tons per day to 100 tons per day in two phases (the first phase up to 85 tons per day); (iii) installing a textile recycling facility; (iv) implementing a 2.2MW rooftop solar PV, and (v) associated working capital needs (the Project). The expected Project-level outcomes are economy-wide effects through value-addition, job creation and exports. Beyond the Project, IFC expects the investment to spur renewed competitive pressure in the Turkish synthetic fabric manufacturing industry through increased value addition and diversification in the raw materials used for the home textile sector.
Marport Liman Isletmeleri Sanayi Ve Ticaret Anonim Sirketi The project entails supporting the third largest container terminal in Türkiye - Marport Liman Isletmeleri Sanayi ve Ticaret A.S. (Marport) by the implementation of an investment plan to (i) refurbish and extend existing berths and procure new equipment; in order to improve productivity and enhance safe servicing of larger vessels and, (ii) refinance an existing bridge loan due in early 2023 (the Project). Marport has been operational since 2001 under an operating permit and maintaining stable profitability and cash flows. IFC's support entails an IFC A loan of US$105.5 million, mobilization of US$94.5 million Managed Co-lending Portfolio Program (MCPP) loan and US$6 million Loan-equivalent (LEQ) exposure for interest rate swaps.. 1) Stakeholder effects: The Project would increase berth capacity and equipment that enables Marport to serve better to container traffic in Türkiye with more efficient and safer port operations for all vessel types and sizes.
2) Environmental effects: The Project would add energy efficient equipment to Marport operation, which will contribute avoid GHG emissions in Türkiyes carbon-intensive transportation sector.
3) Contribution to market creation -Integration: The Project strengthens connectivity in the Black Sea region by improving transshipment capabilities at a key gateway Port thereby contributing to maintain integration of the Black Sea region to global markets.
TUR-ER AKBANK The proposed financing package (the Project) to Akbank consists of (i) IFC A Loans of up to US$60 million on own account (including US$10 million credit insurance); and (ii) B1 Loans of up to US$11 million equivalent.   The proposed investment is a part of IFCs wider earthquake response project (FIG TUR-ER, Project #48230) which entails up to US$600 million to 5 Turkish banks. The investment will support Akbanks lending program to Retail customers and Micro, Small and Medium Enterprises (MSMEs) in the Earthquake Region. Stakeholder outcomes: IFCs financing is anticipated to increase access to finance for retail and MSMEs in the Earthquake Region to support the post-earthquake reconstruction and recovery.
Market Impact: IFC anticipates that its financing will promote greater market resiliency by supporting the ability of the market to withstand shocks in the aftermath of disasters.
Acibadem II The Acibadem Healthcare Group (Acibadem), a leading private provider of healthcare services in Istanbul, Turkey, is undertaking an expansion in Istanbul and some other major cities of Turkey, such as Izmir.
Rotor Elektrik Uretim A.S The proposed IFC loan will be extended to Rotor Elektrik, a subsidiary of Zorlu Enerji, one of Turkeys largest private power companies.  The proceeds of the loan will be used to finance the construction of a 135 MW wind farm in the province Osmaniye in Southern Turkey.  The project will significantly increase Turkeys wind generation capacity and will be the countrys largest wind farm built to date. It will contribute to addressing the Turkish power deficit and increase the countrys power generation from clean renewable sources while supporting the rapidly growing national economy. Once operational, the project will:   - increase Turkeys electricity output from wind energy;  - in doing so, displace carbon emissions, reducing pollution and contributing to the effort to reduce global warming;  - by size and nature of the transaction, influence Turkeys ability to attract foreign investment in the renewable energy sector and position Turkey as an alternative emerging market destination for wind power investments;  - contribute to the development of a merchant power operations and private sector investment in Turkeys energy sector.
DCM Akbank CBond table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }       The proposed project involves supporting a leading Turkish commercial bank and an existing IFC partner, Akbank T.A.S. (Akbank), through the purchase of an IFC-only issuance of mortgage covered bonds of up to US$150 million or its equivalent in Turkish Lira.         Proceeds from IFCs investment would be used to support the extension of housing loans to Turkish borrowers, helping further strengthening residential housing finance, including green mortgages.        Incorporated in 1948, Akbank is one of the leading banks in Turkey with approximately US$86 billion in consolidated assets as of March 31, 2017. The bank offers universal banking services via its close to 840 branches throughout Turkey in addition to its active presence through digital channels, and it employs over 13,800 staff members. i) The Project would support further growth in the mortgage sector: IFC long term funding would enhance access to housing finance in Turkey, which has an attractive demographic profile and is underpenetrated. 
ii) Mitigate climate change by financing energy efficient green residential buildings.
iii) Supporting a covered bond program in Turkey that meets international standards.
Assan Expansion Project Summary Of Project Information (SPI)       Project Name    Turkey-Assan II              Region    Europe        Sector       Project No007320   Projected Board DateMay 20, 1997   Company NameAssan Demir ve sac Sanayii A.S.   Technical Partner and/or Major Shareholders    	Technical Partners: Fata Hunter (Italy) and Norandal (U.S.)    Project Cost Including proposed IFC investment    	US$68.0 million including an IFC senior loan of US$10 million and quasi-equity of up to US$5 million.    Location of project and Description of site    	The plant will be located in Tuzla, 30 km south east of Istanbul. The Company is an existing IFC client. Tuzla is within a major industrialized area and has good transportation and communication facilities.        Description of Company and Purpose of Project    	The project is a US$68 million expansion and modernization of the aluminum sheet and foil businesses of Turkeys leading manufacturer in the aluminum finishing sector.  The Companys principal products are aluminum coils, sheets and foil.  The objectives of the project are to: (i) increase total aluminum production capacity to meet increasing demand and take advantage of market opportunities, and (ii) significantly reduce Assans operating costs by upgrading its technology to internationally competitive levels.  The project consists of the purchase and installation of: (i) one casting line (Assans third); (ii) one cold mill (Assans second); (iii) four additional annealing furnaces; (iv) one foil line; and (v) related processing equipment.      Environmental Category and Issues    	This is a category B project according to IFCs environmental review procedure.  Environmental issues include air emissions, liquid effluents, and solid waste disposal.  Occupational and safety issues include exposure to high temperatures and potentially hazardous aerosols.  Speed casting technology produces thin hot rolled sheets which reduce the number of passes for production of finished products by subsequent cold rolling.  This would result in lower consumption of electrical energy per ton of finished product compared with conventional casting techniques.  In November 1995, Assan and IFC signed an agreement to change the Companys CFC foam for sandwich panels to non-CFC material by 1997.  This project is on-going under the OTF Project Grant program. The Company has spent about US$0.6 million to date in this project.    The  is  from the Public Information Center.       Date SPI sent to PIC     April 8, 1997      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
TUR-ER DENIZ The proposed financing package (the Project) to DenizBank A.S (DenizBank or the Bank) consists of (i) IFC A Loans of up to US$70 million on own account (including US$20 million credit insurance); and (ii) B1 Loans of up to EUR10 million, and (iii) parallel loans of up to EUR35 million.  The proposed investment is a part of IFCs wider earthquake response project (FIG TUR-ER, Project #48230) which entails up to US$600 million financing to five Turkish banks. The tenor of the loan is 367 days renewable twice at each maturity date upon mutual agreement of IFC and the Bank for a period of 37-months. The investment will support the Banks lending program to retail borrowers, and provide short-term working capital loans to micro enterprises including agribusiness farmers and 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 the Earthquake-impacted Region. The most significant expected project-level outcome is increased access to finance for Retail, Farmer/Agribusiness, Micro business segments in the Earthquake Region. Beyond the Project, IFC anticipates that its financing will promote greater market resiliency by supporting the ability of the market to withstand shocks in the aftermath of disasters.
Akbank DPR Project The proposed project would involve investing in new issuance under Akbank T.A.S.s Diversified Payment Rights (DPRs) program which will provide around US$300 million funding to Akbank . IFCs funding is intended to support Akbanks portfolio of SMEs and/or sustainable energy financing projects. The project will provide long term funding that is not currently available in the market. The proceeds of the IFC financing will be used to on-lend to SMEs and/or sustainable energy financing projects in Turkey. The presence of IFC would mobilize other IFIs and commercial long term lending to the project.
Odeabank Green Mortgages Odea Bank A.S. (Odea Bank or the Bank), founded in 2012, has already become number thirteen in the Turkish market with a loan book of around US$7.7 billion and total assets of around US$11 billion as of end of December 2014.   The proceeds of IFCs investment would finance eligible green mortgages in Turkey. IFC will have its eligibility criteria in the project agreement which would allow financing of commercial real estate for up to 30% and the remaining would be used to finance retail mortgage portfolio. The Project''s development impact is expected to be high, as it generates a range of environmental and economic benefits related to the development of green buildings finance and related investments. Specifically, the Project would:  (i)	develop sustainable energy investments across all building construction sectors;  (ii)	improve the competitiveness of the Turkish economy by increasing the number of green buildings, end-users and green mortgage lenders;  (iii)	improve the local as well as the global environment through reduced emissions of greenhouse gases and other conventional pollutants and reduce the country''s dependence on imports of fossil fuels and natural gas. Total GHG emmisions savings are expected to be 59,153 tonnes/project life; and (iv)	improve quality of life through reduced pollution and healthier living conditions, including decreasing of the operational costs of apartments in green buildings
Assan Aluminum Assan Aluminyum A.S. (Assan Aluminum or the company), the former state-owned aluminum sheet, coil and foil manufacturer, was acquired in 2005 by the family-owned Kibar Group (Kibar or the Group) through a tendering process from the State Deposit and Insurance Fund of Turkey.    The project is a $150 million investment program to modernize, upgrade and expand Assan Aluminums existing 30,000 tonnes per annum (tpa) capacity by 79,000 tpa and to improve productivity and efficiency of the plant.   As a result, together with Kibars flagship company Assan Demir, the largest aluminum manufacturer in Turkey, the Groups consolidated aluminum production capacity will reach about 240,000 tpa.  As part of the project, the sponsor also intends to improve the corporate governance of the Group. The project gives IFC an opportunity to support an existing client that is striving to emerge as a stronger and more competitive player in the global setting.  This project will help to build scale and make it a relevant player regionally and even internationally.  Through modernization and introduction of state of the art technology and operating processes, Assan Aluminum will join Assan Demir and help Kibar to solidify the market position.  Continuous thin-slab casting technology will reduce operating cost through energy saving.   The project will allow the company to improve technology to move up the value chain by producing higher quality and higher margin alloys. The proposed project will increase Assan Aluminums total production capacity to 109,000 tpa, doubling Kibars aluminum production capacity to about 240,000 tpa.  Additional supply could be vital for the construction sector, especially housing construction, considering a housing gap in the country.  Availability of high quality aluminum products for infrastructure development will also boost this core sector of the economy. The revitalization and expansion of Assan Aluminum will create and enhance the security of employment for over 500 people. Training and on the job experience will allow workers to strengthen their skills and improve their earning potential.  Finally, IFCs analysis and recommendations to improve Kibars corporate governance would help ensure quality decision-making, encourage effective succession planning and improve its access to the capital markets, all important for the long term sustainability of the group.
Abank SME Project 0  0  0  0  0  0  0  0  0.0000       The proposed project is comprised of a senior loan investment in Alternatifbank A.S. (the Bank) of up to $60,000,000 on IFCs account and up to US$15,000,000 under IFCs Managed Co-Lending Portfolio Program (MCPP). The funding would be used to support the Bank's lending program to small and medium enterprises (SME) and/or women-owned SMEs. The key development impact of the proposed project is increased access to
finance for SMEs in the Republic of Turkey, as well as to the women owned SMEs, thus contributing to economic growth, market resilience, and job creation in the country.
IZGAZ Project The project involves the financing of capital expenditures for network expansion, refinancing of gas payables and general corporate needs of zgaz zmit Gaz Datm Sanayi ve Ticaret A.. (IZGAZ), a natural gas distribution and retail company with over 200,000 subscribers in the in the Kocaeli region (except Gebze and Karamursel) in Turkey.  IZGAZ was privatized in January 2009 pursuant to competitive bidding process. GDF Suez S.A. indirectly owns 90% of the shares of IZGAZ. By nature, city gas distribution projects have a high development impact due to the fundamental characteristics of this activity, including its benign impact on the environment, the low hazards of transporting gas through gas distribution networks, and the positive social and economic benefits it imparts to the local populations. Natural gas is one of the cleanest and cheapest fossil fuels, and its widespread use is one of the most cost-effective ways of reducing harmful air pollution caused by the widespread use of less clean-burning fuels that can be replaced by natural gas, such as the sulfur-containing fuel oil and coal used by industry. In particular, IZGAZ activities have already contributed greatly to the use of natural gas as a fuel for residential cooking and heating. This has greatly reduced the reliance on lignite, coal, fuelwood and LPG by households, and has led to benefits of convenience and lower household fuel bills, as well as resulting in lower local atmospheric pollution. The continued expansion of IZGAZ distribution activities in the license area will reinforce these benefits in the future.
Kocbank A.S. and Koc Finans Kiralama A.S. Summary Of Project Information (SPI)       Project Name    Turkey-KOCBANK Credit line and U.S. Commercial Paper Program              Region    Europe        Sector       Project No004691   Projected Board DateApril 15, 1996   Company NameKOCBANK   Technical Partner and/or Major Shareholders    	Koc Group, a leading Turkish group.    Project Cost Including proposed IFC investment    	US$85 million, of which US$25 million will be for IFCs own account and US$60 million will comprise the proceeds of a credit supported U.S. commercial paper (USCP) program.    Location of project and Description of site    	Istanbul, Turkey    Description of Company and Purpose of Project    	KOCBANK is a well-capitalized, medium-sized, commercial bank, wholly owned by the Koc Group.  As of September 30, 1995, the bank had total assets of US$785 million equivalent and shareholders equity of US$133 million equivalent.  The proceeds of the proposed financing package will be on-lent by the bank, to Turkish private sector companies, for pre-export finance and investment purposes.    Environmental Category and Issues    	This is an environmental review category FI project.  For relevant operations, KOCBANK will undertake an environmental review of each subproject.   Center.       Date SPI sent to PIC     February 9, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
DCM Green MCB The proposed project is an investment of up to US$150 million equivalent in Turkish lira in the Mortgage Covered Bond to be issued by Türkiye Garanti Bankasi AS (Garanti Bank or the Bank). The bond to be issued by the Bank will be backed by receivables arising under the Banks mortgage portfolio, including green mortgages. The proceeds of the sale of the bond will be used to support the Banks lending operations in green mortgages to individuals in Turkey. This Project is expected to have high development impact with significant social and economic benefits:
(i) supporting one of the leading private banks in the market by investing in the bank's first mortgage covered bond issued in local currency;
(ii) improving access to housing finance to Turkey's young and fast growing population, where market penetration remains quite low with a residential mortgage loan-to-GDP ratio of 7.3 percent as of year-end 2015;
(iii) increasing the share of green mortgages in the market; and
(iv) continuing to help develop Turkey's capital markets through the issuance of a new instrumentâ?the country's first mortgage covered bond issuance in local currency.