The Energy Investments Tracking and Coordination Board
("Board") has been established in Turkey. It was created
within the action plan for Energy Production With Domestic
Resources Program. Prime Ministry Circular numbered 2016/6
("Circular") was published in Official Gazette number
29634 on 24 February 2016. The Circular outlines the Board's
purposes and general working principles, as well as which
ministries and institutions which have representatives on the
The Board will follow, audit and coordinate the permissions and
processes for public and private sector investments, as well as
speed up the investment processes for:
Lignite grounds which will be opened to the private
Electric production and transmission plants.
The Energy and Natural Resources Ministry Undersecretary will
chair the Board.
If necessary, the Board is authorized to establish
subcommittees, consulting and/or working groups. It can also invite
representatives from related institutions and organizations,
nongovernmental organizations, universities and the private sector
to Board meetings.
The Board will determine its own working procedures and
principles, as well as number of meetings annually. However,
implementation of the Board's decisions will be overseen by the
Energy and Natural Resources Ministry Energy Transactions General
Please see this link for the full text of the
Circular (only available in Turkish).
Information first published in the
MA | Gazette, a fortnightly legal update newsletter produced by
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