Investing in High Speed Train: 2016 percent of TCDD's 38 Investment Program will go to high speed and high speed train projects - Almost 2 billion TL has been allocated for high speed and high speed train projects continuing this year.
The Republic of Turkey State Railways (TCDD) General Directorate of 2016 about 38 percent of Year Investment Program grant will be spent on high-speed and high-speed train project. An investment of approximately 2 billion lira will be made for the high-speed and high-speed train projects continuing this year.
According to the calculations made by the 2016 Investment Program, it is envisaged to invest a total of 5,3 billion lira in TCDD, which is 4 billion lira, and 9,3 billion lira in railway transportation to other railway projects to be carried out by the Ministry of Transport, Maritime Affairs and Communications.
An important part of the investment budget allocated to TCDD this year will go to high-speed and high-speed train projects. About 2016 billion lira will be invested in high-speed and high-speed train projects in 2. In other words, 38 percent of TCDD's investment allowance will be spent on high-speed and high-speed train projects.
Among the projects in question, the maximum allowance was allocated for the Ankara-İzmir High Speed Train (YHT) line. An investment of 633 million liras is expected in the Ankara-İzmir High Speed Train line. Turkey's ongoing project, one of the most important high-speed train Ankara-Sivas and Kayseri-Yerkoy this year, 380 million pounds of investment is planned for the YHT lines.
- The 2016 allowance for the Başkentray Project, which is planned to start in this year, was 110 million liras.
- Investment program, 106 high-speed train set project for the 106 million pounds allowance allocated.