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    Home»Economy»Signature has been signed in a huge project: 1.4 billion euros for foreign loans
    Economy

    Signature has been signed in a huge project: 1.4 billion euros for foreign loans

    August 11, 20252 Mins Read
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    Signature has been signed in a huge project: 1.4 billion euros for foreign loans

    Dörtyol-HASSA's highway and railway project will be organized by the joint venture Doğuş Construction-Ez ̇nşaat, which is provided with external finance of 1.4 billion euros.

    According to the information collected from the Ministry of Finance and Finance, the earthquakes based in Kahramanmasmasyş are affected by the infrastructure of the southeastern Anatolia area for the infrastructure of financial work continues. With studies conducted by the Ministry in this direction, about 1.4 billion euros of external financial has been provided to the highway project and Dörtyol-Hassa railway.

    The agreement was signed

    The financial agreements have been signed between the Ministry and the creditors of the Association. Different commercial banks have participated in the security of Muslim Investment and Investment Insurance Company (ICICA), operating in the Swedish Export Credit Institute (ECN), Islamic Development Bank.

    The bidding of the Dörtyol-Hassa tunnel project and the Dörtyol-Hassa project two years ago was carried out by the joint venture of Doğuş Construction-Ez ̇nşaat.

    The project is of strategic importance

    The project, implemented by the General Department of Infrastructure Investment of the Ministry of Transport and infrastructure, is a strategy because it directly connects Iskenderun Bay to the southeastern region of Anatolia. With the completion of the project will connect the Bay ̇Skenderun with the industrial areas behind Amanos and Gaziantep through both land and rails, expected the development of transport infrastructure in the region, the increase in trade and tourism activities, the support of economic and social development. The project is also very important for earthquake resistance and transport infrastructure development in the region. With this project, Türkiye's processing money for the railway field this year has reached about 4.2 billion euros.

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