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Image header Agence Europe
Europe Daily Bulletin No. 9332
Contents Publication in full By article 36 / 41
GENERAL NEWS / (eu) eu/eib/turkey

Loan for construction of high-speed Istanbul-Ankara railway line

Luxemburg, 20/12/2006 (Agence Europe) - The European Investment Bank (EIB) has just lent €850 million to the Turkish State Railways (TCDD). This loan will enable TCDD to build the country's first high-speed railway along the Istanbul-Ankara corridor, connecting the two most populous cities in the country.

The loan is a key element in the State Railway's long-range plans to significantly improve connections between the capital and the main areas of economic activity in the country in an...

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