165 Million Euro Credit Was Provided for İzmir Tramway Projects

izmir tramway
izmir tramway

165 million-euro loan for Izmir Tram projects: Izmir Metropolitan Municipality Karşıyaka and a 165 million euro agreement has been signed for the tram projects to be implemented in Konak and Konak.


Izmir Metropolitan Municipality Karşıyaka and Konak districts have signed a loan agreement for the tram projects to be implemented.
The 165 million-euro loan provided by the World Bank International Finance Corporation (IFC), the French Development Agency (AFD) and the Ing Bank was signed with a ceremony among the financial institutions of Izmir Metropolitan Municipality.

Mayor Aziz Kocaoglu in his speech at the signing ceremony of the loan agreement held at the Historical İzmir Gas Plant, stated that the municipality, which was in a very troubled position when they came to office, had the opportunity to finance the 10 in their annual process.

As a municipality, Büyükoğlu said that the priority of environment and transportation investments is to implement sustainable development target. they have heard.

Kocaoglu, the sea for the transportation of ships for use only in the sea of ​​the investment they pointed to the size of 360 million pounds, said:

X Today IFC with 4. credit agreement. The total amount of credit we have signed up to now is 320 million euros. The amount that Izmir Metropolitan Municipality can owe according to our legislation is around 4. Of course, we will be able to pay as much as we can. We are in a position to cover both the main money and the interest of the loan. We certainly cover our non-returnable expenditures for consumption from the municipal budget and from our own resources. This enables our financial structure to continue to be strong. Bu

Transportation problem will be solved by sea and rail transportation

IFC loan to buy the car ferry and catamaran ships began to come, again, in February, 26 tender projects in the tender to provide loans to the project that aims to begin as soon as possible explaining Kocaoglu, said:

Yanında Besides these, we have many transportation projects. If we increase the rail system and sea transportation in transportation, we will solve many problems. We have subway projects, our suburban line project which will extend from Bergama to Selçuk, Konak, Karşıyaka We have projects to scan. Again in Buca and Bornova tram will work. We have the idea of ​​a single-line nostalgia tram in Kordon. We will do all this step by step. We are running the length of the rail system we received in 11 kilometer in İzmir today on the 96 kilometer line. The line length will be 15 kilometers in 97 this month, 30 in April 100, 30 in June and the Bagged line will be commissioned in June. We aim to increase this 130 mileage to 130 at the end of next year. ”

Kocaoglu, Izmir Metropolitan Municipality as "Izmirliiz do" and what they say that they are Izmirli, despite everything they do and the slogan of the right to sign the credit agreement they have proven that they have said.

“We told our problem to Marko Pasha“

Aziz Kocaoğlu, in his speech, addressed to IFC Senior Investment Officer Marco Sorge with a witty language and said bir We have always told Marko Pasha our problem, as in the Ottomans Aziz.

Sorge also thanked the Mayor of Izmir Kocaoğlu for the cooperation and flexibility that she established with them.
In this way, in the credit agreement negotiations, Xonum pointed out that 6 had reached their results in a short period of time.

AFD Country Director for Turkey Bertrant Willocquet the Izmir they are familiar with earlier transportation projects, that in a leading city positions on sustainable development with projects put forward and expressed that they are happy to provide support to this project as an agency.
After the speeches, the loan agreement was signed between the parties.



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