Country Details - Kuwait Fund

The Fund provided the first loan to The Republic of Turkey in 1979 in the amount of 8.8 million US dollars to finance Bosphorus transmission line crossing.

Kuwait Fund in Turkey

Central Asian & European Countries

Sectors

3

Loans (12)

105.61 KD millions

Grants

No value

Areas of Cooperation

Please see the chart showing the amount contributed in each sector. All Amounts are in Kuwaiti Dinars

Facts and Figures

Currency

Turkish lira

Population

83.429.615

Population Growth

1.34

Population Density

108.40

Land Area

769.630

GDP

761.425.499.358.16

GDP Growth (Annual%)

0.92

GDP Per Capita

9.690

Life Expectancy

75.70

Mortality rate (per 1,000 live births)

9

Projects in Turkey

Reconstruction and Development of Earthquake Affected Regions Program (The Roads Project)

The Project aims to support the resettlement programme for earthquake affected people, by providing the necessary road transport infrastructure to link the permanent housing areas in Istanbul and Kocaeli Region with the local and National road networks, and to meet the increased demand on road transport on the main roads in the Region.

Operations in Turkey

Total Number of Projects : 12

Note: All Amounts are in Kuwaiti Dinars

Energy

Project Name	(millions)Loan Amount	Date of Agreement	Interest Rate
BOSPHORUS TRANSMISSION LINE CROSSING	2.588	01/05/1979	4.5%
Number of Loans : 1	2.588

Water and Sewage

Project Name	(millions)Loan Amount	Date of Agreement	Interest Rate
ISTANBUL MAIN WATER TRANSMISSION PIPELINE	2.726	21/01/1980	4.5%
IZMIR WATER SUPPLY	5.775	21/04/1983	4.5%
REHABILITATION AND EXTENSION OF THE WATER NETWORK OF GREATER ANKARA	5.727	15/06/1987	4.5%
GREATER ISTANBUL WATER SUPPLY YESILCAY SYSTEM	23.518	21/06/1993	4.5%
GREATER ISTANBUL WATER SUPPLY YESILCAY SYSTEM	18.84	22/12/1999	4.5%
THE RECON. & DEV. OF EARTHQUAKE AFFECTED REGION (SEWERAGE PROJECT)	7.142	26/09/2002	2%
Number of Loans : 6	63.728

Transportation

Project Name	(millions)Loan Amount	Date of Agreement	Interest Rate
REHABILITATION OF TWO SECTIONS OF TRANS TURKEY HIGHWAY	4.019	21/04/1983	4.5%
REHABILITATION OF URFA-AKINCI SECTOR OF THE TRANS TURKEY HIGHWAY	5.0	16/05/1984	4.5%
Turkey Railway	5.774	24/04/1986	5.5%
RECONSTRUCTION AND DEVELOPMENT OF EARTHQUAKE AFFECTED REGIONS	16.0	19/02/2001	2%
SUPPLEMENTARY LOAN FOR FINANCING THE RECONSTRUCTION AND DEVELOPMENT OF ROADS	8.5	09/11/2005	2%
Number of Loans : 5	39.293

Project Name	Type
No details found.

TURKEY

The Fund provided the first loan to The Republic of Turkey in 1979 in the amount of 8.8 million US dollars to finance Bosphorus transmission line crossing.