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...