The World Bank Board of Executive Directors today approved a loan of 314,5 million euros (350 million USD equivalent) for the Turkish Railway Logistics Improvement Project. According to the statement made by the World Bank, the Project, [more…]
Trade Minister Ruhsar Pekcan stated that Turk Eximbank provided a loan of 380 million Euros from a consortium of banks under the guarantee of the World Bank. Pekcan, in his written statement, stated that Türk Eximbank was announced on June 26 by the Ministry of Treasury and Finance. [more…]
Trade Minister Ruhsar Pekcan made regional negotiations with exporters and trade advisers around the world to demonstrate the effects of the new type of coronavirus (Kovid-19) outbreak and to identify roadmaps for solutions. [more…]
World Bank 500 million euros to support the sustainable development of cities in Turkey (US $ 560.6 million equivalent) has approved a financing in the amount. This financing is the second in the series of projects provided under the Sustainable Cities Project [more…]
Antalya Metropolitan Municipality, with large-budget projects to direct the future of Antalya, while successful financial policies and money management is closely monitored by international financial institutions. Metropolitan which has become a high credibility municipality [more…]
The innovations of the Izmir Metropolitan Municipality, which advocates a healthy urbanization model against environmental problems, received praise from the World Bank delegation. Describing İzmir as a “pioneering-leading city”, the members of the delegation said, “It is a different city from other municipalities. [more…]
Member of the World Bank Group, IFC provided a financing package of Turkey's largest city of Antalya for the extension of a new tram line. Thanks to the new tram line, Varsak is located in the northern part of the city and offers direct access to the city center. [more…]
World Bank approves 1 billion euro loan to Iran for railway power lines Yusuf Geranpasa, head of Iran's regional railway authority, told the World Bank to downgrade Iran's railway network with power lines. [more…]
Big gesture from the World Bank to İzmir: The financial success of İzmir Metropolitan Municipality continues to be shown as an example in the international arena. Representative of the International Finance Corporation (IFC), affiliated to the World Bank, who visited President Aziz Kocaoğlu [more…]
The 3 biggest projects of the world are in Turkey! There is the third airport in the first place: Minister of Transport, Maritime Affairs and Communication Ahmet Arslan, according to the 2015 Global Public Private Sector Cooperation Report prepared by the World Bank, [more…]
Turkey became the champion of the world with mega-projects: praise came from the World Bank for Turkey's mega projects. According to a report on the participation of the private sector in infrastructure projects and Turkey 35.6 6.4 billion billion third airport [more…]
The World Bank praised Turkey: Last year, the World Bank absorbed 35,6 percent of the global investment in Turkey's transportation sector, with the 6,4 billion dollar Istanbul third airport and the 40 billion dollar Gebze-İzmir Highway. [more…]
Izmir Metropolitan Municipality will build Europe's largest fleet with 400 electric bus: Izmir Metropolitan Municipality hosted IFC (International Finance Corporation) which is preparing to build Europe's largest fleet with 400 electric bus. [more…]
The World Bank cited Izmir as an example: The World Bank cited its financing strategies and vision of creating a competitive city as an exemplary model for Tunisia. Tunisian technocrats who came to the city, the applications of the Metropolitan Municipality [more…]
Renewing the Eastern Line of Indian Railways: Another step has been taken for Indian railways transportation. DFC(Dedicated Freight Corridor Corp) for the 1840km Bhaupur-Khurja railway of 343km India east line in total [more…]
Diyarbakir Light Rail System Works to Start This Year: Diyarbakir Metropolitan Municipality Mayor Gültan Kışanak said, “After the loan problem was resolved within a few months, all stages were completed, and the Ministry of Transport, Maritime Affairs and Communications [more…]
World Logistics Industry Meets in Istanbul: FIATA World Congress 2014 Istanbul, where the leading names of the world logistics industry will meet, is starting. The congress to be hosted by UTIKAD, the Association of International Forwarding and Logistics Service Providers, [more…]
The World of Logistics Meets in Istanbul: FIATA World Congress 2014 Istanbul, where the leading names of the world logistics industry will meet, begins. The congress, which will be hosted by the Association of International Forwarding and Logistics Service Providers UTIKAD, will be held in the "Sustainable Logistics" [more…]
Change of Role in UITP: For the last two years, UITP Middle East and North Africa Transportation Excellence Center, which was established by UITP in Dubai with Dubai Road and Transport Authority (RTA), has focused on R&D and Education [more…]
Change of Role in UITP: For the last two years, UITP Middle East and North Africa Transportation Excellence Center, which was established by UITP in Dubai with Dubai Road and Transport Authority (RTA), has focused on R&D and Education [more…]
600 million dollar investment for infrastructure in China: The World Bank secured a US $ 600 million loan to support the modernization of the public transport system of the two major cities in the northeastern province of Heilongjiang in China [more…]
Fakıbaba travels to Singapore for the Şanlıurfa trolleybus project: Dr. Ahmet Eşref Fakıbaba is going to Singapore at the invitation of the World Bank as part of the Trolleybus Project. In order to see the trolleybus application in place and [more…]
Thinking of making a trolleybus to Şanlıurfaya is a matter of intent: proposing the idea of electric and rubber wheeled trolleybus to Şanlıurfa's public transportation problem instead of subway and tram systems was considered as intent. Municipalities in Anatolian cities [more…]
100 million from the World Bank for the Şanlıurfa Trolleybus Project: The Municipality took action again for the urban transportation that was shelved in Şanlıurfa. Şanlıurfa Municipality canceled the Trolleybus tender on the grounds of high cost. municipal officials [more…]
The development of Africa is entrusted to Turkish contractors. Turkish contractors plan to invest 2020 billion dollars in infrastructure in African countries by 400, from highways to railways and housing. Turkish leader running for world leadership in the foreign market [more…]
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