News
04 September 2025

OPEC Fund commits €150m to ECA-backed Turkiye rail project

In:
Social infrastructure, Transport
Region:
Europe

OPEC Fund for International Development has committed €150 million (about $175 million) to the Kars-Igdır-Aralık-Dilucu (KIAD) Railway Project in eastern Turkiye to improve trade connectivity between Europe and Asia. The high-standard electrified railway will span 224km with double tracks,...

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