Page 15 - Water and DSİ

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14
CHAPTER I - ADMINISTRATION AND FINANCE
DSİ's Fleet of Work Machines
Excavators
Caterpillar Tread
Bulldozers
Loader
Grader
Dumpers
Unit
522
394
201
116
488
Value (US$ Million)
57
38
13
6
30
Work
Excavation
Excavation
Loading
Grading
Conveyance
Annual Work Capacity of DSİ’s Machinery
44 million m³
38 million m³
18 million m³
212 000 km
62 million
m³ x km
1.2. Finance
1.2.1. DSİ’s Budget
The main financial resources of DSİ come from the national budget. For a long time, DSİ’s
investment budget had amounted to roughly 1/3 of the state investment budget. While the state
investment budget was determined as 20.68 Billion TL in 2011, the DSİ investment budget was set
at as 5.19 Billion TL (25%). The examination of past investment figures of public institutions in
Turkey reveals that the share of DSİ has decreased from 27% to 25%. The DSİ budget adds up
7.36 Billion TL, together with current transfers and expropriation allocations.
Another important source of finance in the DSİ investment budget was foreign loans. Before
2003, foreign loans were not included in the DSİ investment budget, but regarded as a supplement
to this budget. Since a new regulation in 2003 imposed some restrictions on the availability of
foreign loans, DSİ has faced some financial difficulties in completion of some projects.
In 2011, the DSİ budget of 7.36 Billion TL constitutes 3% share in the state budget of
265 billion TL. The State Planning Organization (SPO) has anticipated average exchange rate of
US$ as 1.6 TL in 2011. According to this rate, DSİ budget accounts for US$ 4.60 Billion, while the
DSİ investment budget is US$ 3.24 Billion. Loan sources constitute 14% share, whereas the
national budget sources comprise of 86% of the DSİ investment budget.
1.2.2. Other Financing Sources
In recent years, DSİ has started tendering new projects on water usage contract basis, which
requires the private sector to obtain license from the Energy Market Regulatory Agency (EMRA)
according to the Law No 4628 and invest for the building of the dams and hydroelectric power