An overview of the project evaluation concept: the process of the Development Bank of Turkey

The purpose oi this thesis study is to analyze project evaluation concept in detail and to give an exairiple of a project appraisal process from Turkey. The process adopted by the Development Bank of Turkey, which is one of the few project formulators and evaluators in Turkey, is selected to analyze and to crtisize for this study. A financial evaluation of Refined Cotton Oil Plant Project within the South Anatolia Project is also demostrated according to principals of project appraisal report format of the bank.