Financing of TCDD Transportation Inc. investments was announced (Special Report)

TCDD Transport Inc. investment finance was certain: the Republic of Turkey State Railways investment finance publication in the official gazette dated 4 2016 entered into force in June.
According to this…
His railway infrastructure investment for high-speed and high-speed railway transportation of the Republic of Turkey State Railways, bringing the double or multiple lines still the line in the savings and them with junction lines made electrification, be equipped with signaling and telecommunication facilities investment, the renewal of railway infrastructure in savings and investments aimed at improving year investment and the necessary appropriations are provided in the Ministry budget to cover the financing of these investments. It is paid to the TCDD for its capital.
In case of request of the construction of the tension line; The immovable properties required by the contingent line shall be expropriated by the TCDD and the right of easement shall be established in favor of the beneficiary for a period of not more than forty nine years. At the end of the period of use, all assets built on the immovable properties in question shall be deemed to be the property of TCDD without any further processing. TCDD shall not pay any price or compensation for these assets.

 

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