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As stated by the EBRD, the project consists of a sovereign loan of up to EUR 100m to the Republic of Turkiye represented by the Ministry of Treasury and Finance, which will be on-granted to Hatay Water and Sewage Administration ("HATSU") in Turkiye. The loan will finance the construction of up to 370 km of a sewer network and Ucgulluk Wastewater Treatment Plant ("WWTP") with a capacity of 21,000m3/d, deep-sea discharge, including construction supervision services and procurement of maintenance equipment, in the Arsuz district of city of Hatay, subject to the outcome of technical due diligence.
The Project aims to support the construction of essential wastewater infrastructure in Hatay, a region severely impacted by the two catastrophic earthquakes with magnitude of 7.7 and 7.6 on February 6, 2023, which caused a widespread devastation across 11 provinces in southeastern Turkiye, severely disrupting the livelihoods of countless people.
The Bank's investment is intended to improve essential services in the region and support the long-term resilience and sustainability of the city's infrastructure.
The Borrower is the Republic of Turkiye, represented by the Ministry of Treasury and Finance. HATSU is the Beneficiary of the Project. ILBANK is a development and investment bank owned by municipalities and provincial special administrations. The Project will be carried out by HATSU with the oversight and supervision of ILBANK.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Iller Bankasi A.S. (Ilbank) | Contractor | Finance |
Client - Ilbank (Government of Turkiye):
Nevzat Togrul
Email: ntogrul@ilbank.gov.tr
Phone: +90 (312) 508 79 09
Website: www.ilbank.gov.tr
Address: Emniyet, Hipodrom Cd. 9/21, Yenimahalle/Ankara
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html