Treasury, Gebze-Halkalı received additional credit for the suburban line

Treasury, Gebze-Halkalı received additional credit for the suburban line: Treasury from Gebze, the European Investment Bank (EIB), under the Marmaray project.Halkalı 200 provided an additional loan of € 12m as part of the improvement of suburban lines.

According to officials to Reuters, with a new loan to be used by the Ministry of Transportation, in addition to the 860 million euro loan previously obtained from the EIB and the Council of Europe Development Bank. Halkalı-The two-track rail system between Kazlıçeşme and Söğütlüçeşme-Gebze will be installed on three lines.

Authorities did not provide information about the terms of the loan to be used.

The signing ceremony of the additional loan will be held in Ankara on 8 May with the participation of Treasury and EIB officials.

from Gebze HalkalıWithin the scope of the Marmaray project, which consists of a 77-kilometer line up to Turkey, the foundation of the public transportation system passing the Bosphorus under the sea with the 1.4 km rail tube crossing between Sirkeci and Üsküdar was laid in 2004, the tube transition was put into use on October 29, 2013.

The renovation of the suburban lines is expected to take about two years.

Within the scope of the project, approximately 5.5 billion pounds was invested.