Transportation and Infrastructure Minister Abdulkadir Uraloğlu defined the Türkiye Century initiatives that can change the face of the nation and supply thousands and thousands of residents with a extra snug life and transportation.
Minister Uraloğlu answered SABAH’s questions through the lighting ceremony of the Bahçe-Nurdağı Fevzipaşa Variant Railway Tunnel. His messages have been as follows:
The Canal Istanbul Project has been ready with nice sensitivity. Now, the Ministry of Environment, Urbanization, and Climate Change is engaged on the zoning rules round it. The Ministry mentioned, “This area is the reserve area of Istanbul.” We ought to give attention to this severely to cut back Istanbul’s threat.
At this level, severe financing is required for the Canal Istanbul. We are additionally having occasional discussions about this. It was additionally introduced up throughout our President’s Gulf tour. We are engaged on how financing could be organized in Türkiye’s favor and beneath what situations.
According to the Montreux Convention, the passage by way of the strait ought to be 1 gold franc, which is eighteen {dollars}. However, with the latest enhance, this quantity has reached 4.45 {dollars}. If it have been 18 {dollars}, it could imply an annual income of 700-800 million {dollars}. This can be a vital monetary supply for the Canal Istanbul.
We have been in talks with firms that construct such maritime buildings worldwide for the Canal Istanbul for just a few years, however we have to discover the fitting situations for Türkiye. There is a strategy of aligning the situations in the fitting place.
The undertaking for a prepare line passing by way of the Yavuz Sultan Selim Bridge is accomplished, and there are contacts with the European Investment Bank and Western financiers concerning financing. They have approaches to participate within the Gulf and supply help. I believe there shall be a growth there within the coming days.
The undertaking will value over 3 billion Euros. Once began, it’ll take 5-6 years. If we begin the tender this yr, we will start development subsequent yr. The completion shall be round 2028-2029. This means, we’ll join Europe and Asia, Beijing and London, with a railway for the second time after Marmaray.
There are 18 corridors connecting the Black Sea to the Mediterranean. This means 10,500 kilometers of street. 90% of it’s already accomplished, and we’ll full the remaining components. We have related Samsun to Mersin and in addition with just a few alternate options.
We have a undertaking to increase the Ankara-Sivas high-speed prepare line from Delice to Çorum, then to Samsun. Then, we’ll proceed from there to Batumi alongside the Black Sea coast. If we join this line to the Ankara-Konya-Karaman line and from Ulukışla to Mersin, Adana, Osmaniye, Gaziantep, we may even descend from the Black Sea to the Mediterranean. The not too long ago constructed high-speed prepare traces are additionally designed for freight transportation.
Source: www.anews.com.tr