Project Notice |
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| PNR | 54006 |
| Project Name | Borusan Logistics |
| Project Detail | Location: Türkiye Project number: 54241 Business sector: Transport Notice type: Private Environmental category: B Approval date: 12 Sep 2023 Status: Concept Reviewed PSD disclosed: 03 Aug 2023 Project Description A senior loan of up to USD 33.2 million (EUR 29.5 million) to be provided to Borusan Lojistik Dagitim Depolama Tasimacilik ve Ticaret AS ("Borusan Logistics" or the "Company"). Borusan Logistics is an integrated logistics service provider incorporated in Türkiye offering (i) comprehensive supply chain solutions and third party logistics services in Türkiye and worldwide ("3PL") and (ii) port management services at Borusan Port (the "Port") located in the Gemlik district of South Marmara region of Türkiye. The loan proceeds will be used to finance Borusan Logistics capital expenditures to (i) upgrade and expand the Ports facilities; and (ii) accelerate digitalisation development and renew the logistics fleet of the Companys logistics business in Türkiye (the "Project"). Project Objectives The Projects objectives are to (i) upgrade and expand the Ports facilities and (ii) improve the Company`s operational efficiency. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Entertainment |
| Country | Turkey , Asia |
| Project Value | TRY 56,700,000 |
Contact Information |
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| Company Name | BORUSAN LOJISTIK DAGITIM DEPOLAMA TASIMACILIK VE TICARET AS |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/54241.html |
