Controversial Turkish dam projects seem prepared to move ahead with ECA support

(Various ECA Watch sources) The Swiss Government has approved a SFR 115 million (US$94.3 million) project credit for partial financing of the Yusufeli Dam and HydroElectric Power Plant (HEPP) project in Turkey. Meanwhile, Turkey has approved the stationing of 5000 troops to protect the Ilisu Dam site and the State Hydraulic Works (DSi) has demanded that German, Austrian and Swiss ECAs release credits as these agencies raised new conditions for the project.