Published: April 21, 2015
Last year Turkey received more money from the European Bank for Reconstruction and Development (EBRD) than any other country. Jean-Patrick Marquet, the development bank’s new director for Turkey, talks to Tim Burke about the work being done there.
EMEA Finance: You moved to Istanbul in March to start your new role. What appealed to you about the move and the job?
Marquet: I was the bank’s director for municipal markets, based in London with global coverage, but Turkey was my main market because of the PPP [public-private partnership] work, mostly supporting Turkey’s hospital building programme, and other investments. It’s probably the most sophisticated market in which the EBRD operates. It’s a very dynamic environment. You have sponsors and investors who are keen to develop new projects, who are interested to move into more sophisticated structures, like project bonds and equity. It is also a fascinating assignment for me personally to become head of the bank here.