Turkiye reaches deal on $6.75bn financing for cross-Bosporus rail link

Turkiye has reached a preliminary agreement to secure $6.75 billion in financing for the Northern Railway Crossing Project, a cross-Bosporus rail link in Istanbul.The financing was agreed with the World Bank, AIIB, ADB, IsDB, EBRD and the OPEC Fund.The project comprises a double-track electrified...