INRAIL

World Bank approves $2bn loan: ‘Bosphorus rail capacity to grow from 3 to 50 million tonnes’

The Yavuz Sultan Selim Bridge will be a key part of the INRAIL project. Image: Shutterstock © ali_azem

The World Bank has approved a two billion dollar loan for Türkiye’s Bosphorus rail connection (INRAIL). The sea strait is currently a major bottleneck for rail traffic between Europe and Asia. In total, international institutions are gearing up to provide 6.75 billion dollars in financing.

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Author: Dennis van der Laan

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