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The OPEC Fund
for International
Development
  1. Operations
  2. Ankara-Istanbul High Speed Train Project

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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.

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