Turkey - Small and Medium Scale Industry Project
Lundberg, Mattias | Over,A. Mead | Mujinja, Phare
The project is designed to support a program for the development of labor-intensive Small and Medium Scale Industry (SMI) through lines of credit to Sinai Yatirim ve Kredi Bankasi (SYKB) (US$80 million) and Halk Bankasi (HB) (US$18.4 million) and technical assistance for the institutional strengthening and efficiency improvement of HB (US$0.35 million) and technical assistance to SMI enterprises (US$1.25 million) through the Small Industry Development Organization (SIDO). It would: (i) provide part of the foreign exchange requirements of SYKB and HB over 1986-88 for onlending to SMI, with special emphasis on small scale industries; and (ii) finance a program of technical assistance to SMI.
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