Turkey secures national pavilion at Venice Biennale until 2034
IKSV foundation will co-ordinate the pavilion
By Gareth Harris. Web only
Published online: 26 December 2013
Turkey has signed a 20-year lease for a national pavilion at the Venice Biennale, securing a venue in the Arsenale until 2034. The state-funded Istanbul Foundation for Culture and Arts will be the co-ordinator of the Turkish pavilion.
More than 20 major private and public organisations have sponsored the new pavilion including the Vehbi Koc Foundation, which was established in 1969 by Koc Holding, the largest conglomerate in Turkey. Other funders include Garanti Bank and the private collectors Füsun and Faruk Eczacibasi.
Turkey will participate for the first time in the Venice Architecture Biennale next summer (7 June-23 November).
CLARIFICATION: A spokeswoman for the Istanbul Foundation for Culture and Arts (İKSV) says: "İKSV receives state funding which is only 4%, but the main sources of income are sponsorships (59%), ticket income (22%) and membership programme [funds] (5%) as well as other sources of income (10% in total) such as the İKSV Design Shop, Salon İKSV (concert venue), support from several cultural institutions, etc. This is the 2013 budget breakdown but the state funds have always been less than 10%."
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