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Asyaport Extension

Sector: Seaport • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed

The Project is a follow-on investment of up to US$12 million A Loan in Asyaport Liman Isletmeleri A.S. (the “Terminal”, “Company” or “Asyaport”), an existing IFC client.In 2013, IFC committed a 10-year US$75 million A loan along with its co-financiers, EBRD and IsBank, for greenfield construction of the Terminal.  Asyaport has been operational since July 2015. The Terminal can handle vessels of up

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The project “Asyaport Extension” is an infrastructure initiative in the Seaport sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

The Project is a follow-on investment of up to US$12 million A Loan in Asyaport Liman Isletmeleri A.S. (the “Terminal”, “Company” or “Asyaport”), an existing IFC client.In 2013, IFC committed a 10-year US$75 million A loan along with its co-financiers, EBRD and IsBank, for greenfield construction of the Terminal.  Asyaport has been operational since July 2015. The Terminal can handle vessels of up to 16,000 twenty foot equivalent units (TEUs) in capacity and has a nominal capacity of 1.9 million TEUs per annum.  The Company now seeks an additional financing of US$12 million from IFC, along with another US$12 million from EBRD, for the purchase of new equipment for the Terminal to reach full design capacity and increase efficiency (the “Project”).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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