BAKU, Azerbaijan, Aug. 11
Trend:
Preparations continue in Turkey for the construction of a railway that will connect the eastern provinces of Erzincan, Erzurum, and Kars, the Turkish Ministry of Transport and Infrastructure told Trend.
“Preparatory work began in 2015 and, according to preliminary data, will be completed in 2022. Their cost is 52 million Turkish liras ($6.02 million)," the ministry said.
The ministry did not provide information about the length of the new railway.
“In Turkey, work is underway on the implementation of 469 transport and infrastructure projects with a total cost of 694.7 billion liras ($80.1 billion). Of these funds, 179 billion liras ($20.7 billion) are foreign loans,” the ministry said.
Among these projects there are those, the implementation of which began in previous years, the message of the ministry said.
In 2021, over 42.4 billion liras ($4.9 billion) will be allocated for the implementation of transport and infrastructure projects in Turkey, nearly 6 billion liras ($694.7 million) of which will be attracted via foreign loans.
In 2020, 282.7 billion liras ($32.7 billion) were allocated for the implementation of transport and infrastructure projects in Turkey, over 56.8 billion liras ($6.57 billion) of which came from foreign loans.
(1 USD = 8.6361 TRY on Aug. 11)
