The third issue of Rail Turkey Mag is about railway investments in Turkey.
The little city of Akhalkalaki of Georgia will play a critical role on the success of Baku Tbilisi Kars railway project which Turkey and Azerbaijan give such a big importance. But is this city the right choice?
While many keep eyes on Turkey after repelling the coup attemp and declaring “OHAL – state of emergency” for 3 months, Transport Minister Mr Ahmet Arslan made statements about the way that Turkey’ll follow.
Renewal and signalization of Zonguldak-Karabuk section of Zonguldak-Irmak project opened on Wednesday with a ceremony.
Among the long list of railway investments, there are some projects with almost no considerable fund within this year from the total railway investment budget of TL 7bn.
Railway keeps an important space in investments of 2016.
Although railway projects had a fund of TL 7bn this year, many projects will not be able to be commissioned this year. Here are the projects that will progress this year, but not be commissioned.
This year, TL 7 bn is allocated for railway investments. There are many railway projects in the investment program, and 5 of them is/will be commissioned this year:
With the economic strength of the Turkish industry and growing market volume a figure of 200 tons a year are feasible..
About 23.5 billion US-Dollars will be invested in infrastructure and rolling stock until the 100 year anniversary of the Republic of Turkey in 2023..