TCDD Aliaga - Bergama New Railroad Project is expected to receive approval from Ministry of Development for 2015 investment program
New developments in the ağa Aliağa - Bergama New Railway Project Berg of the General Directorate of Turkish State Railways (TCDD) have been recorded.
According to the information received by the Investments Magazine; the project is expected to be approved by the Ministry of Development in order to be included in the 2015 investment program.
The officials we interviewed at this stage noted that they received a positive opinion and the construction tender will be announced in 2015 after the approval of the Ministry of Development. As it is known, in recent months, AYGM sent TCDD the project and exploration works of Çandarlı Port Connection.
The project, which was previously proposed for the 2014 investment program, has been reported by the Ministry of Development to be accepted after the amendments to be made and not approved by the priority projects. The investment cost of the project, which will be financed from shareholders' equity, is determined as 857.3 million TL.
The project will also include electrification, signaling and telecommunications.
Construction works are expected to start in 2015 and be completed in 2018.
Ref .: Investments Magazine 1200 / 29 September 2014 (APE)