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Turkey secures €1.5bn financing package for road and rail tunnel
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Turkey secures €1.5bn financing package for road and rail tunnel
Swedish export credit agency EKN and the Islamic Development Bank’s credit insurance arm are backing €1.5bn in financing for the construction of a tunnel in southern Turkey. The loan is being provided to Turkey’s ministry of finance and will be used to build the 25-kilometre Hassa-Dörtyol railway and highway tunnel, connecting the regions on either side of the Nur Mountains, a route that currently requires a significant detour. Société Génér…
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