No Step Back in Kanal Istanbul

channel no step back in istanbul
channel no step back in istanbul

The Ministry of Finance has made new remarks for the Kanal Istanbul project, which has been said to be canceled after the economic crisis and the rising dollar rate!

While the speculation about the Kanal Istanbul project is still continuing, the announcement of the expected auction date is also strengthening the claims.

Channel Istanbul Route
Since the Grand Canal Istanbul Project has not been tendered, the exact route is not clear. However, no official explanation was made, but the real estate prices in the 22 region, which is between the starting and ending points of the Kanal Istanbul line, have increased significantly.

In particular, the 2011 region in the districts of Avcılar, Arnavutköy, Başakşehir and Küçükçekmece.

When Will Istanbul Channel Be Tender?
Unfortunately, the expected tender date for the giant project, which was first announced in 2011, has not been announced in the past 8 years. Minister of Environment and Urbanization, Murat Kurum, said at the beginning of 2018 that the first pickaxe will be hit on Kanal Istanbul in November 2018.

However, despite the long period of time, unfortunately the first digging was not hit and the exact date and schedule of the project were not determined. While the biggest problem in the project is claimed to be high financing budget, the rising dollar rate also decreases foreign investors' desire to participate.

When Will Istanbul Start?
The Minister of Transport and Infrastructure, Cahit Turhan, who made a statement about the subject, said that the project will definitely be carried out.

Channel Istanbul Cancellation?
With the rise of the dollar rate, the project will be canceled with the increase of allegations, while the Minister of Environment and Urbanization Murat Institution 23 April celebrations held at the reception on the questions of members of the press on the project by explaining ile No disruption.

The 11 of the 7 clause is related to our ministry within the framework of the manifesto announced by our President. We will carry out all the affairs that concern our Ministry decisively. Where there is no metropolitan municipality, our relevant ministries will provide all necessary support with the district municipalities.

We will prepare all projects that will plan the year 50-100 such as urban transformation, transportation, environment, public garden, waste water plant in this manifesto under the five year plan. No step back edi said the project will not be canceled. (emlakxnumx)

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