|Date:||Wednesday, September 1, 2021|
The Bosphorus Strait, which connects the Black Sea and the Sea of Marmara in the Turkish city of Istanbul, is .
Get to know the Istanbul Water Canal with us
The Bosphorus Strait, which connects the Black Sea and the Sea of Marmara in the Turkish city of Istanbul, is one of the most important global water crossings, and throughout history has been a point of conflict between the major countries of the world.
With the development of world trade movement, and the increase in dependence on maritime transport, a new water crossing was needed to ease the burden on the Bosphorus Strait, which would benefit Turkey and the world.
What is the Istanbul Water Canal?
Canal Istanbul: It is the name of a Turkish project for an artificial waterway at sea level that is being constructed at the present time by Turkey in the European part of Istanbul to connect the Black Sea with the Sea of Marmara and connect them with the Aegean and Mediterranean Seas.
The Istanbul Canal will split the European side of Istanbul into two parts, thus forming an island between the continents of Asia and Europe, and it will have beaches on the Black Sea, the Sea of Marmara and the new canal.
It is known that the movement of ships between the Black Sea and the Sea of Marmara takes place through the Bosporus Strait, amounting to more than 56 thousand ships annually, and that is why one of the goals announced regarding this project was to reduce the navigation movement in the Bosphorus Strait, especially the movement of large oil tankers, and this would eliminate the threat of environmental risks. over the strait area.
Beginning of work on the Istanbul Water Canal project
Excavations began in the course of the Istanbul Maritime Canal project since the year (2017) and ended in early (2018), and the Ministry of Transport and Maritime Navigation cooperated in the framework of the project with a large number of institutions, most notably: “Ministries: Environment, Forest and Water Affairs, Food, Agriculture and Livestock Resources” , Energy and Natural Resources”, in addition to the Greater Istanbul Municipality, and the collective housing administration “TOKI” of the Turkish Ministry of Environment and Urbanization, and the Ministry of Transport, during the designation of the canal route, used a large number of Turkish and international experts.
The Directorate General of Land Roads will construct bridges and a port for emergency cases within the Istanbul Water Canal project, and the Ministry of Transport has drawn up the initial plan for the project. The soil of the canal excavations will be used to create artificial islands in the Sea of Marmara, and it will also be used to fill pits in coal mines, in addition to On the construction of recreation areas.
Specifications of the new Istanbul channel
- The length of the waterway will be 40-55 km
- The depth of the channel is 25 meters, its width is 400 meters on the surface.
- The canal will be built on land covering an area of approximately 67 million square metres.
- The possibility of passing approximately 137 ships, 27 tankers daily, carrying commercial cargo weighing 150 million tons through the canal.
- The new canal in Istanbul will form an island, and ten bridges will be built, 5 of them to connect highways on both sides of the canal, and 5 bridges to connect the two sides of the new island.
- There will be a harbor along the canal for small boats.
- The two sides of the canal will be surrounded by a large number of residential and commercial projects with various designs, creating a market in the Turkish real estate market.
Benefits of the Istanbul Water Canal
The impact of the Istanbul Canal on the neighboring regions and real estate?
There is no doubt that the Istanbul Canal has benefited both the surrounding areas and even those close to it. For example, Bahcesehir and Küçükçekmece were among the areas that benefited the most from the Istanbul Canal, as these two areas witnessed a significant increase in real estate prices before work began on that channel. Even
The Bahcesehir region, for example, witnessed an increase in the average price per square meter within its walls, until it ranged between 3,500 to 5,000 Turkish liras, in addition to the Kucukcekmece region, in which the price per square meter ranged between 2,900-3,200 Turkish liras, on average, in addition to the Basaksehir area, which became the price of The square meter, including it, reaches 5000-8000 Turkish liras, while the Avcilar area also received a share of the price hike, as the price per square meter ranged from 2500 to 3000 Turkish liras.
Cost and profit
The cost of the new Istanbul Canal project is estimated at 16 billion dollars, and the annual profit is 8 billion dollars.
Thus, the new Istanbul Canal is an important strategic project that opens the doors for many real estate and economic projects for rapid growth and is reflected in an upward manner on the economy in Turkey.
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