INNOVATIVE SOLUTIONS FOR ISTANBUL METROPOLITAN MUNICIPALITY

INNOVATIVE SOLUTIONS FOR ISTANBUL METROPOLITAN MUNICIPALITY Mehmet Onur PARTAL Pristina, KOSOVO April 14, 2016 14.6 million GLOBAL ADVANTAGES Tu...
Author: Irene Gaines
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INNOVATIVE SOLUTIONS FOR ISTANBUL METROPOLITAN MUNICIPALITY

Mehmet Onur PARTAL Pristina, KOSOVO April 14, 2016

14.6 million

GLOBAL ADVANTAGES

Turkish Airlines offer direct flights to

110 280

covers countries with direct flights destinations

Turkish Airlines becomes #1 in the world Flying to most countries worldwide Access to 1.5 billion people in 4 hours of flight range

ECONOMIC RESILIENCE

$ 25 k

$ 349 bn GDP of Istanbul

GDP per capita in Istanbul

Istanbul’s Economy > approx. 130 Countries

EXPANDING INFRASTRUCTURE

Marmaray

Canal Istanbul

Eurasia Tunnel

Istanbul New Airport

Galataport

Yavuz Sultan Selim Bridge

PROJECT FINANCING SOME TRADITIONAL FINANCING METHODS

Commercial Bank Loans National and International Development Program Loans

Municipal Bonds

QUICK RECALL

QUICK RECALL

PROJECT FINANCING SOME BRAND NEW METHODS

Development Agencies

Investment Incentives H2020 Program

DEVELOPMENT AGENCIES

DEVELOPMENT AGENCIES IN TURKEY

The two agencies of Izmir and Çukurova were established in 2006 as pioneering institutions.

The remaining 24 agencies, including Istanbul were established after 2008.

SUPPORT TOOLS of ISTANBUL DEVELOPMENT AGENCY Support Tools Technical Support

Financial Support

Interest Support

Interest-free Project Loan Support

Direct Financing Support

Call for Project Proposal

Guided Project Support

Direct Operation Support

CO-FINANCING PERCENTAGES

ENTREPRENEURS

50% NPOs

90%

INNOVATIVE PROJECTS & GRANTS

81 Projects completed in Istanbul

41 Projects still in progress in Istanbul

INNOVATIVE PROJECTS & GRANTS

34

million

USD allocated

INNOVATIVE PROJECTS & GRANTS

Installation of TRY Subsidiary Beneficiary: Budget: 1.1 m focused IT Governance Istanbul Metropolitan Grants received: 996 k TRY System Municipality

INNOVATIVE PROJECTS & GRANTS

Beneficiary: Accessible Tourism Budget: 731 k TRY Istanbul Metropolitan & Grants received: 658 k TRY Municipality Barrier-Free Istanbul

INNOVATIVE PROJECTS & GRANTS

Beneficiary: Budget: 1.03 m TRY My Talent is My926 Future Bağcılar Municipality Grants received: k TRY

INVESTMENT INCENTIVES OF THE MINISTRY OF ECONOMY

The NEW INCENTIVE SYSTEM General Investment Incentive Scheme

Regional Investment Incentive Scheme

VAT Exemption

VAT Exemption

VAT Exemption

VAT Exemption

Customs Duty Exemption

Customs Duty Exemption

Customs Duty Exemption

Customs Duty Exemption

Tax Reduction

Tax Reduction

Tax Reduction

Social Security Premium Support (Employer’s)

Social Security Premium Support (Employer’s)

Social Security Premium Support (Employer’s)

Investment Land Allocation

Investment Land Allocation

Interest Support

Large Scale Investment Incentive Scheme

Strategic Investment Incentive Scheme

Investment Land Allocation Interest Support

VAT Refund

INVESTMENT INCENTIVES of THE MINISTRY OF ECONOMY Beneficiary: Istanbul Metropolitan Municipality (Water and Sewerage Administration)

Project: Büyük Melen Brook/Stream Budget: TRY 243 m (USD 85 m) Investment Incentive # : 98,873 Exemption: Value Added Tax Participant #: 127 Date: December 03, 2010 Revized at: October 30, 2013

H2020 PROGRAM

WHAT IS H2020? Horizon 2020 is the 8th phase of the Framework Programs for Research and Technological Development. A funding mechanism created by the European Union in order to support and encourage research in the European Research Area (ERA). The budget of H2020 Program: approx. EUR 70 billion

H2020 PROJECTS Beneficiaries: 1. ISTANBUL METROPOLITAN MUNICIPALITY (Turkey) 2. GEMEENTE EINDHOVEN (The Netherlands) 3. COMUNE DI FORLI (Italy) 4. NEWCASTLE CITY COUNCIL (United Kingdom) 5. AYUNTAMIENTO DE MURCIA (Spain) Roadmaps(Estonia) for 6. TALLINNA KESKKONNAAMET 7. COMUNE DI PALERMO (Italy) Energy (R4E) http://roadmapsforenergy.eu/ 8. AJUNTAMENT DE SANT CUGAT DEL VALLÈS (Spain) 9. TECHNISCHE UNIVERSITEIT EINDHOVEN (The Netherlands) 10. UNIVERSITAT POLITECNICA DE CATALUNYA UPC (Spain)

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