| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 300.00 |
Turkey Organized Industrial Zones Project
Abstract*
The development objective of Organized Industrial Zones Project is to increase the efficiency, environmental sustainability and competitiveness of select Organized Industrial Zones (OIZs) in Turkey. This project has two main components. 1) The first component, Supporting the infrastructure and the enabling environment for OIZ sustainability, competitiveness and efficiency, includes the following sub-components: (i) Supporting investments in basic... Show More
Development Objective
The PDO is to increase the efficiency, environmental sustainability and competitiveness of select Organized Industrial Zones (OIZs) in Turkey.
Key Details
Project Details
P171645
Active
Stefka Slavova , Fatma Akcollu Oguz
Republic of Turkey
October 14, 2019
(as of board presentation)
January 25, 2021
July 20, 2021
US$ 300.00 million
Ministry of Industry and Technology
2021
US$ 300.00 million
N/A
February 23, 2024
December 31, 2026
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 300.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 300.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 25, 2021 | IBRD-92050 | Loan Commitment | 300,000,000.00 |
| Aug 15, 2023 | IBRD-92050 | Int Charges | 30,524.09 |
| Feb 15, 2023 | IBRD-92050 | Int Charges | 336,524.94 |
| Feb 15, 2023 | IBRD-92050 | Int Charges | 7,719.05 |
| Feb 22, 2023 | IBRD-92050 | Loan Disb | 531,550.00 |
| Dec 19, 2022 | IBRD-92050 | Loan Disb | -941,347.44 |
| Dec 19, 2022 | IBRD-92050 | Loan Disb | 941,347.44 |
| Aug 15, 2022 | IBRD-92050 | Int Charges | 315,368.60 |
| Aug 15, 2022 | IBRD-92050 | Int Charges | 974.76 |
| Feb 15, 2022 | IBRD-92050 | Int Charges | 213,965.34 |
| Feb 15, 2022 | IBRD-92050 | Int Charges | 357,081.94 |
| Feb 15, 2022 | IBRD-92050 | Int Charges | 400.90 |
| Nov 1, 2021 | IBRD-92050 | Loan Disb | 1,157,150.00 |
| Apr 18, 2024 | IBRD-92050 | Loan Disb | 800,700.00 |
| Aug 29, 2024 | IBRD-92050 | Loan Disb | 5,548,750.00 |
| Aug 15, 2024 | IBRD-92050 | Int Charges | 337,009.70 |
| Aug 15, 2024 | IBRD-92050 | Int Charges | 103,142.63 |
| Nov 3, 2023 | IBRD-92050 | Loan Disb | 638,580.00 |
| Sep 8, 2023 | IBRD-92050 | Loan Disb | 1,605,150.00 |
| Aug 15, 2023 | IBRD-92050 | Int Charges | 337,278.70 |
| Feb 15, 2024 | IBRD-92050 | Int Charges | 334,187.16 |
| Feb 15, 2024 | IBRD-92050 | Int Charges | 79,001.21 |
| Sep 15, 2021 | IBRD-92050 | Fee Charges | 740,105.80 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-01-14 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-01-14 |
| Procurement | Moderately Satisfactory | 2025-01-14 |
| Financial Management | Satisfactory | 2025-01-14 |
| Monitoring and Evaluation | Satisfactory | 2025-01-14 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-01-14 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Water savings from OIZ green investments Value 0.00 0.00 6628000.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Energy savings from OIZ both basic and green infrastructure investments Value 0.00 0.00 16579.68 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Annual reduction in CO2 emissions due to supported investments Value 0.00 0.00 18434.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Share of OIZs that attract new investments Value 0.00 0.00 30.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of laws/standards/regulations or amendments to current regulations enacted to support Green OIZ development Value 0.00 0.00 1.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of firms that benefit from OIZ basic and/or green infrastructure investments Value 0.00 0.00 1000.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of OIZs certified as Green OIZs Value 0.00 0.00 10.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Renewable energy generated due to OIZ green infrastructure investments Value 0.00 0.00 32600.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of firms reporting that they benefit from improved OIZ basic, green and competitiveness infrastructure Value 0.00 0.00 1000.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Wastewater treated in new/upgraded facilities Value 0.00 0.00 29200000.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of firms reporting that they understand the benefits of certified Green OIZs Value 0.00 0.00 700.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of employees trained in the innovation centers and model factories Value 0.00 0.00 2160.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Proportion of private sector investments facilitated in OIZs as compared to disbursed loan for infrastructure development Value 0.00 0.00 3.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment Number of collaborative projects supported between OIZ firms and academia/research establishments Value 0.00 0.00 10.00 Date January 25, 2021 December 21, 2023 December 31, 2026 Comment The establishment of a database/system to track, collect and disaggregate gender-related data Value No No Yes Date January 25, 2021 December 21, 2023 December 31, 2026 Comment