Islamic Corporation for the Development of the Private Sector (ICD)
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    • Islamic Corporation for the Development of the Private Sector (ICD) Commits Eur 40 Million to Nakkas- Basaksehir Section of Türkiye’s Northern Marmara Highway Project
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) Commits Eur 40 Million to Nakkas- Basaksehir Section of Türkiye’s Northern Marmara Highway Project

It involves a 31.3-km toll road, including a 1.6-km cable-stayed bridge and multiple overpasses and underpasses

ICD is investing EUR 40 million in the Nakkaş-Başakşehir section as part of a EUR 1.04 billion funding package. The project incorporates solar energy and LED lighting, aiming to cut energy use and emissions significantly. It’s backed by a consortium led by Rönesans Holding, with support from MDBs and ECAs.…

Islamic Corporation for the Development of the Private Sector (ICD)
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    • Empowering Türkiye's Energy Sector: The Islamic Corporation for the Development of the Private Sector (ICD) And Sampa Sign Eur 15 Million Term Sheet
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Empowering Türkiye's Energy Sector: The Islamic Corporation for the Development of the Private Sector (ICD) And SAMPA Sign Eur 15 Million Term Sheet

Through this partnership, SAMPA will construct a 21 MW captive solar power plant, which will reduce energy costs, lower CO2 emissions, and ultimately support Türkiye in achieving its net-zero targets

The Islamic Corporation for the Development of the Private Sector (ICD) is providing financing of €15 million to Türkiye’s Sampa Otomotiv Sanayi ve Ticaret A.Ş. (SAMPA) to support the development and construction of a 21 MW captive solar energy capacity. This agreement marks a significant partnership between ICD and SAMPA,…