Ministry of Transport and Infrastructure Turkey

Kars-Igdır-Aralık-Dilucu (KIAD) Railway Project - OPEC Financing

Industry
Transport/Rail
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Turkey

Deal Overview

Turkey secured financing from OPEC Fund to develop the 224km KIAD Railway Project, enhancing trade connectivity between Turkey and Azerbaijan’s Nakhchivan exclave as part of the Trans-Caspian Middle Corridor.

Deal Volume
$174.82m
Financial Close
04/08/2025
Dealmakers

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