The Ilısu Dam project has reached the final phase. We met with Bülent Erdoğan, Board Member of Nurol Construction and Trading Co. Inc., to hear his opinions on the construction of the dam, which has already started to collect water. The construction of Ilısu Dam has a long history. Could you share with us your thoughts about the history of the dam’s construction? The related contract was signed by the Nurol – Cengiz İnşaat joint venture in 2007, while the contract for the electromechanical and hydromechanical works was signed by the Austrian Andritz company. The project works were assigned to the same companies. When the dam was first established, it was obvious that it would not be easy due to its complex structure. The project was launched in 2007, relying on export credits and commercial loans extended by various countries, covered with a Treasury guarantee. Related to these loans, there were some prerequisites that needed be met within a year, but unfortunately the loan process could not be followed in compliance with these prerequisites, and the project had to be suspended. During this standstill period, we had the opportunity to restructure the loans, and in the end, the Germany-, Austria- and Switzerland-based export credit institutions withdrew from the project. Upon their withdrawal, we found new creditors to replace them. The entire package was valued at €1.2 billion. We resumed the project in 2009, playing an active role in its implementation. The initial project for the mentioned dam, which was designed and carried out in the 1980s, was reviewed over and over again , exploring ways of making it more economical. This took considerable time and effort, and resulted in an extension to the deadline of the project. Once the related process was completed, active work was launched. As the Nurol-Cengiz partnership, we made the dam ready for the collection water in late December 2017. After that date, we had to wait for instructions from the administration , because as you know, the Tigris is a cross-border river. It takes time to get certain permissions. Accordingly, although we were ready at the end of 2017, the dam could not start collecting water until July 2019.