Türkiye has completed preliminary deals to launch a railway project linking “Yerkoy” and “Kayseri”, which is the largest of its kind in the country’s history in terms of external financing.
This vital project aims to develop the rapid transit network, which will reduce travel time and improve the efficiency of transporting passengers and goods between Turkish cities.
According to the available details, a group of large international institutions are participating in financing this project, which indicates the extent of their confidence in long-term Turkish development projects.
This step comes in the context of the Turkish government’s plan to develop the infrastructure of the transportation sector and move towards more environmentally friendly and sustainable means of transportation, with expectations that the project will create thousands of jobs and contribute to stimulating economic growth in the areas through which the railway will pass.
