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Turkey’s latest landmark bridge securing $2.83 billion funding

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Staff Writer | March 27, 2018
Turkey’s programme of bridge and highway building looks set to continue with a funding package for the 1915 Canakkale Bridge and Highway project being found.
1915 Canakkale Bridge and Highway
Transportation   1915 Canakkale Bridge and Highway
The bridge will span the Dardanelles Straits and the funding package is worth $2.83 billion.

The financing will come in the shape of a loan has been secured by a group of 24 banks and institutions from 10 countries in all.

The loan calls for a 15 year repayment period. The bridge will be a constructed by a consortium, Canakkale Otoyol.

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