News Releases
The Ilisu Dam
12 Jul 2000The Secretary of State for Trade and Industry made a statement on 21 December last year in which it was made clear that ECGD cover for the Ilisu Dam project was contingent upon satisfactory solutions being developed by the client, the Turkish state water resources company (DSI), in four key areas. These are:
- a resettlement programme meeting international standards and including independent monitoring;
- provision for upstream water treatment plants;
- the maintenance of adequate downstream water flows; and
- a detailed plan to preserve as much archaeological heritage as possible.
An updated and detailed environmental impact report is currently being prepared by a team of international experts. This will, when complete, be published for consultation purposes.
Balfour Beatty is one of a team of eight major construction and power companies involved in examining the feasibility of constructing the dam. No contracts have yet been signed.
Balfour Beatty has always recognised that export insurance support for this project is contingent upon satisfactory approaches to environmental and other issues being developed by the client and that judgements with respect to DSI’s plans will, properly, be made by the eight export credit agencies involved and their respective governments.
ENDS
Enquiries to:
Tim Sharp
Balfour Beatty plc
Tel: +44 (0)20 7629 6622
