299.8 Million Euro Foreign Borrowing Authorization for Rail Systems for İmamoğlu

299.8 Million Euro Foreign Borrowing Authorization for Rail Systems for İmamoğlu
299.8 Million Euro Foreign Borrowing Authorization for Rail Systems for İmamoğlu
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Kirazli in Istanbul Halkalı IMM President for the metro line project and Sultançiftliği-Habibler Tram Line Ekrem İmamoğluA total of 299 million 800 thousand Euros of foreign borrowing authorization was given to .

The last meeting of the IMM Assembly December sessions was held in Yenikapı by Dr. At the Architect Kadir Topbaş Performance and Art Center, the assembly convened under the chairmanship of Zeynel Abidin School, the 1st Deputy Chairman. In the session, the external borrowing demands of the IMM administration were discussed.

First, IMM Financial Services Department Finance Directorate's Kirazlı Halkalı A foreign borrowing request of 242 million Euros for the metro line was decided.

Due to the current debt amount of IMM exceeding the borrowing limit; It was unanimously accepted to authorize the IMM President, provided that it is done directly from multilateral investment and development banks and foreign state institutions or through İller Bankası A.Ş.

The request for foreign borrowing of 34 million 57 thousand euros for the purchase of 800 vehicles to be used on the Edirnekapı-Sultançiftliği-Habibler Tram Line was approved in the IMM Assembly. Thus, in order to be able to borrow a total of 299 million 800 thousand Euros for the rail lines, IMM President Ekrem İmamoğluwas authorized.

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