| Date: | Friday, October 30, 2020 |
Turkey is an ideal environment for investment and profits, as Turkey aspires to be one of the.
Turkey is an ideal environment for investment and profit making, as Turkey aspires to be one of the best performing economies in the world, and accordingly it has set clear goals within its plan for 2023 compared to its performance twenty years ago. For huge projects in the field of transportation, energy and infrastructure that rob the mind, as the cost of its construction exceeded one hundred billion dollars, and the government's endeavor to make Turkey one of the ten largest economies in the world The process of construction and development continues in the home of history and civilization, and we review the most important mega projects among other future projects in Turkey :
Istanbul's New Airport
The hype around Istanbul's new airport has started to increase with the start of the first phase in 2018 in terms of its passenger capacity. Despite this, the Turkish government was keen to point out that the airport does not aim to gain fame or achieve global numbers, but rather that the strategic geographical location of Turkey made it the ideal aviation center for the world. The total construction cost of the new airport covering an area of 765,00,000 square miles was 10.2 billion US dollars!
Istanbul Canal Project
Istanbul Strait is one of the most important water extensions in the world, being a link between the Black Sea and the Sea of Marmara, and due to its contribution to the transportation of hundreds of tankers carrying goods, oils and other products daily. The Turkish government stated that there is an obstacle facing the Bosphorus Strait, which has become dirty and polluted, and is unable to cope with the increasing traffic demand, so there had to be a solution, which is the Istanbul Canal project. The artificial waterway at sea level will be able to accommodate 160 ships per day, at a cost of US $ 15 billion. The canal will extend for 42 kilometers through the provinces of Kucukcekmece and Arnavutkoy, which will transform European Istanbul into an island.
Istanbul Financial Center:
Istanbul is already a prominent city in the world, even competing with the likes of Milan and Rome as tourist destinations, however the European side is on the side that most admires and attention, but all of that will change with the construction of the Istanbul Financial Center, which aims to transform Asian Istanbul into a financial center. Like New York.
Istanbul, which is the business hub, covering an area of 2,500,000 square meters, its investments of $ 4.5 billion will constitute a commercial and residential center that includes shopping centers, offices, homes and hotels.
The Largest And Longest Bridges In Turkey
Osman Gazi is an impressive suspension bridge, and it extends across the Sea of Marmara to shorten travel time between Istanbul and the areas along the western coast, this project was inaugurated in 2016 and is part of the wider highway between Istanbul and Izmir, and amazingly, it is the largest transportation network project that was established in Turkish history. The Osman Ghazi Bridge has gained its fame along with the newly constructed third bridge across the Bosphorus, "Yavuz Sultan Selim Bridge", which extends over an area of 1.4 km and is one of the longest suspension bridges in the world. But the Turkish government is not satisfied with this impressive brag, they want to build the 3.6-kilometer-long Canakkale 1915 Bridge, stretching across the Dardanelles, which will be the longest suspension bridge in the world when completed. The bridge will cost $ 10.5 billion to build, and the deadline for completion is in 2023.
The Istanbul Tunnel Project Consisting Of Three Floors
This tunnel connects Asia and Europe, and consists of three floors, reaching a length of 31 kilometers, and located at a depth of 110 meters below sea level. It consists of a metro line and other car lanes, and it aims to reduce the traffic congestion in Istanbul. Its construction began in 2017, and it is located just 6.5 km below the sea level, with an estimated construction cost of $ 3.5 billion, but it is just something negligible compared to other mega projects in Turkey.
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