Development Road Project set to attract $19.9B in total investment

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Turkiye أخبار

Turkey,Middle East,Africa

'Development Road Project will play a key role in increasing regional cooperation,' says Turkish transport minister.

"Development Road Project will play a key role in increasing regional cooperation," says Turkish transport minister.The Development Road Project stands out as the shortest and the most practical project connecting the Persian Gulf to Europe, Uraloglu said. / Photo: AA

Uraloglu stated that international cooperation negotiations are still ongoing and Türkiye and Iraq are working on the follow-up of the project. Uraloglu highlighted that the construction of 928 kilometres of railways is still ongoing with an allocated budget of $7.1 billion, and plans are underway to build 727 kilometres of additional railways, starting from the southeastern Sirnak province’s Ovakoy village, and 501 kilometres between Nusaybin district on the Syrian border in Mardin province, and the provinces of Sanliurfa and Gaziantep.

“The Development Road Project will play a key role in increasing regional cooperation and it is important for regional and global supply chains,” the minister noted.

 

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