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EBRD to provide EUR 150m for railway project linking Europe and Asia

EBRD to provide EUR 150m for railway project linking Europe and Asia

The European Bank for Reconstruction and Development (EBRD) will provide EUR 150m loan to the Turkish government for the construction of the 67-kilometer Ispartakule-Cerkezkoy high-speed railway line project linking Istanbul to the Bulgarian border, according to a statement from the bank. The loan will also support the Turkey’s transition to a low-carbon economy.  The Ispartakule-Cerkezkoy...