TOTAL INVESTMENT |
1. SHAREHOLDERS EQUITY |
2. CREDITS |
1,245,121,188 US dollars |
285,121,188 US dollars |
960 million US dollars |
960 million US dollars *With a maturity of 18 years, it is the longest-maturity credit package among all Build-Operate-Transfer Projects constructed in Turkey so far.
Direct Credits
European Investment Bank
European Investment Bank is the finance institution of European Union and was founded for the purpose of financing the investments that will aid the realization of the EU targets. The priority target of the European Investment Bank is to contribute to a balanced development of the European Union. Other than that, European Investment Bank’s main duties also include the disbursement of finance loans for projects on the development of Trans-European transportation and telecommunication networks, protection of the environment, ensuring the sustainability of the energy sources, and promoting the competitive power of the European industry and SMEs on a global scale.
European Bank of Reconstruction and Development (EBRD)
European Bank for Reconstruction and Development (EBRD) aims at helping the elimination of energy dependence, inclusion of the private sector to the infrastructural activities, and easing the access to the financing by the small to medium size enterprises (SMEs), which are the backbone of the Turkish economy, to the financing.
Kore Eximbank
Korea Export-Import Bank provides comprehensive export credits and guarantee packages to support the Korean enterprises that invest abroad. Since its establishment in 1976, the Bank supports the export-based economy of Korea and its economic cooperation with other countries.
Guaranteed Credits by Korea Export Insurance Companies
Guarantors
Korea Trade Insurance Organization
Korea Trade Insurance Corporation (K-Sure) was founded by the Korean government in 1992 for the purpose of carrying out export and import insurance programs in order to facilitate the global trade. K-Sure’s main activity is to provide a comprehensive financial support regarding the general trade activities and to cover the risks of the payment of the proceedings for the exporters and importers.
Kore Eximbank
Korea Export-Import Bank provides comprehensive export credits and guarantee packages to support the Korean enterprises that invest abroad. Since its establishment in 1976, the Bank supports the export-based economy of Korea and its economic cooperation with other countries.
Lenders
Sumitomo Mitsui Banking Corporation
SMBC supports the companies investing abroad by providing sovereign ratings and structured foreign trade financing. Accordingly, Japanese companies having operations or planning to invest in Turkey are provided the banking services they may need while doing business in Turkey.
Standard Chartered Bank
The basic strategy of the Standard Chartered Bank is to act as intermediary for the overseas transactions of its customers in Asia, Africa and the Middle East. Under the British Government’s target for private sector based economic development, the Bank’s priorities include ensuring the finance facilities to the private sector including the SMEs in particular, promotion of their export activities, and increasing their presence in the international markets.
Mizuho Bank
Mizuho is the core retail banking unit of Mizuho Financial Group, the second biggest financial services company in Japan. It provides large-scale domestic companies and global companies financial and corporate strategic solutions.
Credits Allocated by Turkish Banks
Guarantors
Yapı ve Kredi Bankası
With its strong project finance experience, Yapı Kredi is one of the leading banks in the field of long term financing in Turkey. It provides comprehensive projet financing services with solutions it offers to its customers. Yapı Kredi has got a specialized team on project financing, energy, real estate, infrastructure and acquisition financing. As of 2012, it has provided a total of USD 6 billion financing for about 200 projects included in its portfolio.
Türkiye İş Bankası
Türkiye İş Bankası (Is Bank) supports both the expansion investments of the existing enterprises and totally new projects by providing medium to long term cash and/or noncash credits. The Bank has taken part in many projects realized in Turkey (including the expansion investments as well as the projects conducted through transfer of operational rights, build-operate-transfer model, or build-operate model).
Garanti Bankası
Founded in Ankara in 1946, Garanti Bank is Turkey’s second biggest private bank with its consolidated asset size of over USD 106 billion as of 30 September 2013. It provides financing to Turkey’s significant investments on the fields of energy, real estate, infrastructure investments and acquisitions.