Set to become one of the world's top 10 finance centers, Istanbul International Finance Center's infrastructure development will soon start in a major development project that includes construction of public institutions, social service buildings and infrastructural establishments built in accordance with the finance center project being overseen by İlbank Inc. Companies and institutions that will operate in the Istanbul International Finance Center are financially responsible for the infrastructure work and will allocate a portion of the company budget for this project.Among the joint infrastructure work being launched in the scope of the financial center, an administrative building, a police station, a health center, fire department, continuing education center, various academic courses, a mosque, a nursery, an underground parking lot and a trestle will all be built, bringing together joint infrastructure work in the financial center for financial sector giants like the Capital Market Board (SPK), the Banking Regulation and Supervision Agency (BDDK), Ziraat Bank and Vakıfbank. The infrastructure work also includes environmental planning to be completed in tandem with the finance center by the first quarter of 2019.The establishment of an international finance center was planned with a decision made in 2009. The aim is to build a complex where all the means necessary will be issued and a strong physical, human and technological infrastructure will be provided to turn Istanbul into a finance center with competitive power in international platforms. Constructed on an area of 2.5 million-square-meters, the Istanbul International Finance Center will reserve 560,000 square meters for offices, 90,000 square meters for a shopping mall, 70,000 square meters for a hotel and 60,000 square meters for residences.