Line of Financing (RM 2) for Manufacturers and Importers of Turkish Equipment Financed through Turk Eximbank

Brief Summary
The project entails providing a Line of Finance to the Turk EXIM Bank to finance infrastructure and industrial projects in IDB member countries. The beneficiaries of this line will be equipment manufacturers in Turkey and importers of Turkish equipment in countries to which exports will be made, though financing from Turk Eximbank. lDB Financing will be secured by a payment guarantee, in line with Shariah, from the Turkish Treasury, Turkey being an investment grade member country.
Location
Country
Sector
Finance
Project cost
$69100000
Project Status
Completed
Start date
18 June 2017
End date
19 July 2017