The Bosphorus Strait is the link between the Black Sea and the Sea of ??Marmara in the Turkish city of Istanbul, w.

Learn with us about the Istanbul Water Canal

Date:

Thursday, January 12, 2023

The Bosphorus Strait is the link between the Black Sea and the Sea of ??Marmara in the Turkish city of Istanbul, w.

Get acquainted with us about the Istanbul Water Canal.

The Bosphorus Strait , which links the Black Sea and the Sea of Marmara in the Turkish city of Istanbul, is one of the most important global water crossings. Throughout history, it was a point of conflict between the major countries of the world .

With the development of the global trade movement , and the increase in dependence on maritime transport, a need arose for a new water crossing to reduce the burden on the Bosphorus Strait , which would benefit Turkey and the world .

What is the Istanbul Water Canal?

Istanbul Canal : It is the name of a Turkish project for an artificial waterway at sea level that is currently being built by Turkey in the European part of Istanbul to connect the Black Sea with the Sea of Marmara and link them to the Aegean and Mediterranean seas .

As the Istanbul Canal will split the European side of Istanbul into two parts, and thus it will form 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 channel .
It is known that the movement of ships between the Black Sea and the Sea of Marmara takes place through the Bosphorus Strait and amounts to more than 56 thousand ships annually, and for this, one of the goals announced regarding this project was to reduce navigation traffic in the Bosphorus Strait, especially the movement of huge oil tankers, and this would remove the threat of environmental risks over the strait region .

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 the beginning of the year (2018), and the Ministry of Transport and Maritime Navigation cooperated within the framework of the project with a large number of institutions, most notably: “Ministries: Environment, Forestry and Water Affairs, Food, Agriculture and Livestock.” , energy and natural resources”, in addition to the Greater Istanbul Municipality, and the “ TOKI” collective housing department of the Turkish Ministry of Environment and Urbanization. The Ministry of Transport also sought the assistance of a large number of Turkish and international experts during the designation of the canal route .

The General Directorate of Land Roads will construct bridges and a port for emergencies within the Istanbul Water Canal project, and the Ministry of Transport has developed the initial plan for the project. On the construction of recreation areas .

Specifications of the new Istanbul Canal

- The length of the waterway will be 40-55 km
. - The depth of the channel is 25 meters, and its width is 400 meters on the surface .
- The canal will be built on lands with an area of approximately 67 million square meters .
- The possibility of the passage of about 137 ships, 27 tankers per day carrying commercial cargo weighing up to 150 million tons through the canal .
- The new canal in Istanbul will form an island, and ten bridges will be constructed, 5 of which will connect the highways on both sides of the canal, and 5 bridges will connect the two ends 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 and different designs that will update the market in the Turkish real estate market .

Benefits of the Istanbul Water Canal

Protecting the environment is one of the important benefits of the Istanbul Water Canal, according to previous government data, given that it will reduce the pollution rate resulting from the passage of a large number of ships from the heart of Istanbul .
The Istanbul Canal will be resistant to earthquakes that threaten the city, and will provide many urban transformation projects. It will generate important financial sources and large profits.
It will create new job opportunities .

The Turkish government is also seeking to transform the Bosphorus Strait into a tourist area, as it is considered the focus of the world's attention due to the beauty of its nature and the historical monuments it contains .

The impact of the Istanbul Canal on the neighboring areas and real estate?

There is no doubt that the Istanbul Canal has benefited all of the surrounding areas, even those close to it. For example, Bahçeşehir and Kucukcekmece were among the areas that benefited the most from the Istanbul Canal, as these two regions witnessed a significant increase in real estate prices before work began on that canal. until

Bahcesehir, 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 area , in which the price per square meter ranged between 2,900-3,200 Turkish liras on average, in addition to the Basaksehir area, which has become the price of The square meter, including 5000-8000 Turkish liras, while the Avcilar region also had a share of the price hike, as the price per square meter ranged from 2500 to 3000 Turkish liras .

Cost and profits

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 will be an important strategic project that opens the doors to many real estate and economic projects for rapid growth and is increasingly reflected in the economy in Turkey .

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