Turkey İzmir Tramvay Lines Project Ministry of Development approval awaited for Üçkuyular – Konak – Alsancak – Halkapınar (Konak) and Karşıyaka Tramway Line

Developments have been recorded in İzmir Tramvay Lines Project  “Üçkuyular – Konak – Alsancak – Halkapınar (Konak) and Karşıyaka Tramway Line” tenders.

According to our information, the Ministry of Development approval is being awaited to publish notice for tramway line tenders. Officials told our reporters that the necessary loan had been secured for the financing of the project and that if
they fail to obtain approval, then they would have to apply for high interest loan from domestic banks. Tender notices are due for publication in 2013 after necessary approvals are obtained.

The Konak tramvay line is worth an estimated $130m and 12 km long whereas the Karşıyaka tramvay line costs around $107m and is 6 km long.

Source : Yatırımlar

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