Taking the train to Ankara from Istanbul used to be a leisurely affair. After a snack at Gar Lokantası, the blue-tiled restaurant inside Haydarpa şa station that was built by German engineers in 1872 and once served as the terminus for the Baghdad-Istanbul Railway, travellers boarded the train as the sun set. A clattering eight hours later, the train crawled into the...
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Articles & Analysis | Turkey developing inter-city and national rail connections to improve transportation network from The Report: Turkey 2015
Interviews & Viewpoints | Mümin Kahveci, General Manager, Istanbul Electric Tramway and Tunnel Establishments (IETT): Interview from The Report: Turkey 2015
How can further investment and cooperation between the public and private sectors help improve urban transport infrastructure?
Articles & Analysis | Turkey advancing major transportation projects with new highway, train and airport infrastructure from The Report: Turkey 2015
The Marmaray tunnel, a rail link beneath the sea connecting Istanbul’s European and Asian districts, was a panacea for beleaguered commuters when it opened in October 2013. Plans to connect the two shores via an underwater tunnel date back to at least 1891 during the glory days of Ottoman rail, when a French engineer proposed to Sultan Abdülhamit II to build an...
Turkey has easy and direct access by road, sea and, to a lesser extent, rail to markets with 1.5bn people and a combined GDP of $25trn. In 2012 Turkey handled 1.2% of global trade, and this is expected to exceed 1.5% by 2025. The 2014 budget allocated €16.72bn to transport, of which €2.04bn was earmarked for rail, almost double that going to the road network. At €3.27bn, the Marmaray project...
Despite some recent turbulence, Turkey has strong fundamentals that underscore its potential for long-term economic growth. With a young population of 77.7m, a strategic location within four hours’ flying time of 1.5bn consumers and a diversified economy, the country has much to offer investors.