The Black Sea Trade and Development Bank (BSTDB) is considering providing a working capital loan to ERG Group to support the construction of Ankara-Izmir High Speed Railway (HSR) Project, connecting Ankara, the capital city of Türkiye, to Izmir, the third largest city (by population) of the country. The EPC construction contract has been awarded by the Directorate General of Infrastructure Investments (AYGM) of the Ministry of Transport and Infrastructure of the Republic of Türkiye to a partnership of companies of ERG Group. The BSTDB working capital loan will facilitate the implementation of the construction contract.
As per the BSTDB’s Environmental and Social Policy and Public Information Policy long-distance railway construction projects fall under environmental and social (E&S) Category A. This requires a full Environmental and Social Impact Assessment (ESIA) process, including meaningful public consultation, and public disclosure on the Bank’s webpage of any E&S information relevant to the Project. Such information will be disclosed at least 60 calendar days for public sector operations before the Project is submitted to the Board of Directors for consideration. Thus, any stakeholder directly or indirectly affected by the Project, or having an interest in it, can review such information, make enquiries, and provide comments. This, however, does not substitute for the obligation of Project Company to identify stakeholders affected by, or interested in the Project, and communicate with them in a meaningful way.
The following documents are available for public review and comments:
- Non-Technical Summary in English and Turkish;
- Stakeholder Engagement Plan in English and Turkish;
- Environmental and Social Impact Assessment Report in English and Turkish;
- Resettlement Policy Framework in English and Turkish.
For more detailed information regarding the ESIA of the Ankara-Izmir High Speed Railway (HSR) Project and any public enquiries related to it, please contact:
Emre BAYINDIR
E&S Compliance Manager
Ankara İzmir YHT Yapımı İş Ortaklığı
+90 535 212 2760
emre.bayindir@aniyht.com