50 Million Euro Credit For Fahrettin Altay Narlidere Metro

million credits for fahrettin altay narlidere metro project
million credits for fahrettin altay narlidere metro project
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Izmir Metropolitan Municipality Mayor Soyer signed an external financing agreement of 50 million Euros for the Fahrettin Altay - Narlıdere Light Rail System Line Project. “İzmir Metropolitan Municipality signed an external financing agreement of 50 million Euros with the Black Sea Trade and Development Bank (BSTDB) regarding the Fahrettin Altay – Narlıdere Light Rail System Line Project. Metropolitan Mayor Tunç Soyer was authorized for all kinds of correspondence regarding the loan to be taken without a Treasury guarantee.

After the signing ceremony held in the Metropolitan building recently, the article was put on the agenda of the assembly.

Regarding the “Fahrettin Altay - Narlıdere Light Rail System Line Project”, an external financing agreement has been signed with the Black Sea Trade and Development Bank (BSTDB) on 24/01/2020, without a Treasury guarantee in the amount of Euro 50.000.000,00. Within the scope of the borrowing envisaged in the Multi-Year Budget of the Fiscal Years of 2020, the use of credit, borrowing, determination of loan repayment conditions, amendments on loan agreements and amendments to be used in the "Fahrettin Altay - Narlıdere Light Rail System Line Project" for 2021 years. The authorization of the Metropolitan Mayor for the issuance of the necessary guarantees and guarantees for the loan, and the arrangement or signing of all kinds of contracts, undertakings, protocols and assignment contracts related to these works, and for all transactions regarding the loan. Discussing the issue of giving i ”

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