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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