By far the most large-scale projects related to the EU-Turkey bilateral financial assistance project financing agreement, to be signed on February 28. The total investment cost for the project is expected to be around 1 billion Euros. 275 million euros will be provided by the EU hibeyl with this project, the EU will be the largest investment projects carried out in Turkey. The EU Commission's Commissioner for Mobility and Transport, Mr. Violeta Bulc Transportation and Infrastructure Minister of the Republic of Turkey. Mehmet Cahit Turhan will attend.
Istanbul metropolitan region, the European Union is very important for the construction of this railway line, which will connect the Turkey-Bulgaria border, it will give an unprecedented grant of 275 million Euros. The EU's contribution, including the pre-accession period 2014-2020 part of the investment portfolio in Turkey funded through IPA-Financial Assistance Program.
Mobility and Transport of the European Commission responsible member of the Republic of Turkey and Violeta Bulc Transportation and Infrastructure Minister Mehmet Cahit Turhan 28 February, the EU-Turkey High-Level Economic Dialogue meeting in the next Halkalı-Kubikule will meet in Istanbul to sign the financing agreement of the railway line. Dolmabahce Palace, the signing ceremony of the occasion which will be held in the Commissioner Violeta Bulc: "The flagship with the signing of this rail project in the nature of the EU and Turkey, people will be of benefit, the public and the project will contribute to a sustainable future can work together whether hand in hand to reveal once more the eyes . Turkey is our bridge between the west and to our east. We are determined to work together to uncover the full potential of our cooperation. İş
New railway line, Istanbul-Halkalı It will enable safe, comfortable and fast cargo and passenger transportation between Sgalingrad station and Kapıkule / Bulgaria border crossing point. The railway line is equipped with state-of-the-art signaling systems that comply with EU standards (ERTMS ETCS Level 1).
It is estimated that, once the construction of the railway line has been completed, this line will bring significant benefits for both consumers and producers, which are worth about 1,6 billion Euros. In this way, companies can benefit from more economical and more reliable transportation services in a corridor which is of great importance for international import and export activities. While carbon emissions are reduced and different transport methods are encouraged, citizens will be able to experience more accessible and safer mobility, especially in and around the city of Istanbul.
This investment in the Trans-European Transport Network and provide a natural extension to de xnumxinc Moroccan framework of EU-Turkey accession negotiations in this state is defined as a major project for Europe.
In this context, Turkey Sultan Selim other projects strategically important rail link at the latest, the construction of the bridge has committed to finishing up 2029. This rail links, which means the completion of missing links between the EU and Turkey and from Turkey and the Middle East, the Caucasus and will facilitate the development of a larger trade corridor extending to Central Asia.
November EU-Turkey High Level Political Dialogue Meeting held in 2018 2019 then held in January and transportation, as underlined in the High Level Dialogue Meeting Transport is one of the key sectors within the scope of EU cooperation with Turkey. On February 28 2019 European and Turkish leaders met in Dolmabahce Palace in Istanbul will hold the EU-Turkey High-Level Meeting of Economics.