An additional loan agreement of 75 million Euros was signed between IMM and EBRD to be used in the Ümraniye - Ataşehir - Göztepe metro line project. Speaking at the signing ceremony, İBB President Ekrem İmamoğlu“Previously, we had taken another loan of 175 million Euros for this line, which also included the EBRD, Black Sea Trade and Development Bank Societe General. With the financial support provided on August 27, 2019, we started the work on this line in the fastest way on October 10, 2019. Currently, the progress in our line is at the level of 55 percent. Now, with the 75 million credits we have received at once, we will work hard to put this line into the service of our people as soon as possible. We are planning to open the Ümraniye - Ataşehir - Göztepe metro line in 2024," he said.
An additional loan agreement of 75 million Euros was signed between the Istanbul Metropolitan Municipality (IMM) and the European Bank for Reconstruction and Development (EBRD) to be used in the Ümraniye - Ataşehir - Göztepe metro line project. On behalf of IMM, the contract protocol prepared for loan payment is signed by the President. Ekrem İmamoğlu and Nandita Parshad, Managing Director of the institution's Sustainable Infrastructure Group, for the EBRD. Before the signing ceremony, İmamoğlu and Parshad made a speech.
“TO BE A GREEN CITY AT OUR GOALS IS IMPORTANT”
Reminding that they have set their goal of “a green, fair and creative city” for Istanbul since the day they took office, İmamoğlu said, “Being a green city was an important part of the three main axes we set for Istanbul in particular. To achieve this goal, we are taking steps that will add value to Istanbul in many areas, from environmentally friendly, sustainable infrastructure to renewable energy sources, from waste management to transportation. We are working hard to leave a city that breathes, respects nature, and lives with happy people for future generations. In the vision we have created for the future of Istanbul, the role of rail systems is also very important.”
“WE ARE THE CITY BUILDING THE MOST SUBWAYS IN THE WORLD AT THE SAME TIME”
Saying, “We are in a serious investment process for the metro, which is a nature-friendly, comfortable and fast public transportation method,” İmamoğlu said:
“In this way, Istanbul is the city that has built the most subways in the world at the same time. We participated in the 'Green Cities Urban Sustainability Programme' by signing an agreement with the EBRD before. In this context, we have declared to you that we will be in cooperation in the steps we take in the investments to be made for a sustainable city. Today, we are together to sign a 75 million Euro loan agreement within the scope of the Ümraniye - Ataşehir - Göztepe metro project. Previously, we had taken another loan of 175 million Euros for this line, which also included the EBRD, Black Sea Trade and Development Bank Societe General. With the financial support provided on August 27, 2019, we started the work on this line in the fastest way on October 10, 2019. Progress on our line has now reached a very valuable level, at 55 percent. Now, with the 75 million credits we have received at once, we will work hard to put this line into the service of our people as soon as possible.”
“WE OPEN THE LINE IN 2024”
Sharing the information that they are planning to open the Ümraniye - Ataşehir - Göztepe metro line in 2024, İmamoğlu said, "Because this metro line is the most important transportation axis of the Finans City project, which is located in this line and is planned to employ approximately 80 thousand people at the same time, and this is the most intense way to achieve our goal. a triggering situation. I sincerely thank the EBRD and its esteemed officials on behalf of the city of Istanbul, on behalf of 16 million Istanbul residents, for their support for the investments in the future of Istanbul and the goal of a sustainable and green city. I would like to thank my dear colleagues for all their hard work. I wish that this cooperation between us will continue to increase, that we will realize many very beneficial projects for Istanbul, one of the largest city in Europe, one of the most important metropolises of the world, and our world together. Of course, I hope to take the right steps together to ensure this. Good luck for our city," he said.
PARSHAD: “WE ARE LOOKING TO FINANCE NEW PROJECTS”
In his speech, Parshad said, “We are looking forward to financing new projects to make the lives of the 16 million citizens of this beautiful city more beautiful. Mayor, we will be pleased to support you and your team to make Istanbul a greener city.” After the speeches, İmamoğlu and Parshad signed the contract protocol prepared between İBB and EBRD.
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