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- Operations
- Ankara-Istanbul High Speed Train Project
Ankara-Istanbul High Speed Train Project
Türkiye
Borrower | Türkiye |
Financing Type | Public Sector |
Instrument | Blend Facility |
Focus Area | Transportation |
Approved | 09.10.2009 |
Signed | 01.06.2010 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | TCDD: General Directorate of Railways |
Co-financiers | EIB, Gov't of Spain, Gov't of Turkey |
OPEC Fund Contribution (US$m) | 28.30 |
Total Project Cost (US$m) | 981.84 |
The Istanbul–Ankara corridor is one of Turkey’s most important economic zones, populated by some 32 million people. Around 12 million journeys are made each year along the corridor, overtaxing both road and rail lines.
This project, the first phase of a broader initiative, will construct a double-track, 254 km-long high speed railway line between Sincan and Eskisehir-Inonu. Other works will build culverts, underpasses, crossings, bridges, viaducts and a 471 m long tunnel. Four substations will be remodeled and overhead lines installed, as will signaling and telecommunications equipment. Rolling stock will also be procured, as well as high-precision control and maintenance equipment.