BAKU, Azerbaijan, July 24
Trend:
The Turkish Railways (TCDD) intends to implement 25 projects with a total value of 116.5 billion Turkish liras ($13.6 million), the Ministry of Transport and Infrastructure of Turkey told Trend.
According to the ministry, 20.6 billion liras ($2.41 billion) of this amount will come from foreign loans.
“By late 2021, 12.5 billion liras ($1.46 billion) will be allocated for the implementation of projects. Of these, 725 million liras ($85 million) will come from foreign loans,” the ministry said.
The ministry said that in 2020, TCDD allocated 66 billion liras ($7.74 billion) for the implementation of projects, 20 billion liras ($2.34 billion) of which came from foreign loans.
“Work is underway in Turkey on the implementation of 469 transport and infrastructure projects with a total value of 694.7 billion liras ($81.5 billion). Of this amount, 179 billion liras ($21 billion) came from foreign loans,” the message said.
Among these projects, there are those, the implementation of which began in previous years.
In 2021, 42.4 billion liras ($4.97 billion) will be allocated for the implementation of transport and infrastructure projects in Turkey, 5.9 billion liras ($692 million) of which will fall on foreign loans.
In 2020, 282.7 billion Turkish liras ($33.1 billion) were allocated for the implementation of transport and infrastructure projects in Turkey, 56.8 billion liras ($6.66 billion) of which came from foreign loans.
