2005 - 2006 - Pinsent Masons Water Yearbook 2012

TURKEY PART 2: COUNTRY ANALYSIS
Izmit
Izmit had a troubled start because of the Turkish BOT award system delaying the start of the contract
implementation process for nearly two years. Since then, the three year construction phase has been
completed and in 1999, the contract entered its 15 year operational phase. A reservoir supplies water
to Izmit, the surrounding towns and villages and to Istanbul.
The project involved 100km of pipeline being built, connecting the reservoir to the city of Izmit. The
reservoir has a capacity of 60 billion litres with an annual yield of 142 billion litres. The water
treatment works is 5km downstream from the reservoir, and has a capacity of 480 million litres per
day. The treatment facilities cost US$100 million to build.
The project was 85% debt and 15% equity financed. US$140 million of equity finance was provided
by Thames Water (UK, 35%), Mitsui (Japan, 7.5%), Sumitomo (Japan, 7.5%), Gama (Turkey, 23%),
Guris (Turkey, 12%) and the remaining 15% by the Izmit municipality. These investments are
reflected in their respective holdings in Izmit Su As, the operating company. US$803 million of debt
finance was arranged. The principal components were: US$236 million Export Credit Guarantee
Department (ECGD) supported credit loan arranged by Nat West (UK), US$167 million Turkish
commercial loan, US$180 million COFACE buyer credit loan, US$40 million Japanese commercial
loan and US$180 million JEXIM credit loan.
Groundwater
Total recharge (1998, km 3 ) 20.00
Per capita (1998, m 3 ) 314
Withdrawals (1990, km 3 ) 6.3
For domestic use (1990) 43%
For industry (1990) 0%
For agriculture (1990) 57%
MAJOR CITIES
Population 2000 2015 Status
Istanbul 8,953,000 11,362,000 Partial privatisation of bulk water
Ankara 3,155,000 3,778,000 N/A
Izmir 2,214,000 2,704,000 Privatisation under consideration
Bursa 1,166,000 1,551,000 Privatisation under consideration
Adana 1,091,000 1,288,000 Short term WWTW BOT
Gaziantep 757,000 933,000 N/A
Private sector contracts awarded (Please see the relevant company entry for details)
Location Contract Company
Antalya 10 year O&M for water and sewerage ANTSU
Izmit 15 year concession, bulk water Izmit Su SA
Adana – a short term wastewater treatment BOT
Adana had a population of 1.22 million in 2003. The city had no wastewater treatment facilities until a
BOT contract was signed in 2001 with a consortium headed by VA Tech Wabag (Austria), funded
through a €45 million EIB loan. The two treatment plants entered service in 2004 and will be operated
by VA Tech until 2007. They can treat 0.2 million m 3 of wastewater per day, a capacity which will be
increased to 0.4 million m 3 of wastewater per day by 2015 and 0.52 million m 3 of wastewater per day
by 2025, serving up to 2.6 million people. In 2001, the city awarded MVV (Germany) a 2 year water
leakage management contract.
Private sector company operations (Please see the relevant company entry for details)
Company Parent company (country)
Population served
Water Sewerage Total
ANTSU Suez (France) 535,000 535,000 535,000
Izmit Su As RWE (Germany) 1,200,000 0 1,200,000
198 Pinsent Masons Water Yearbook 2005 – 2006