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Signature(s)

Amount
€ 145,000,000
Countries
Sector(s)
Türkiye : € 145,000,000
Transport : € 145,000,000
Signature date(s)
4/07/2011 : € 145,000,000
Link to source

Summary sheet

Release date
9 February 2011
Status
Reference
Signed | 04/07/2011
20100515
Project name
Promoter - financial intermediary
Irmak-Zonguldak Railway Rehabilitation (Turkey) - Investment Loan

The General Directorate of State Railways Administration (TCDD)
Mr. Mehmet TURŞAK
Head of Research Planning & Coordination Department
Talatpasa Bulvari 06330 Gar- Ankara Turkey
Tel : +90 312 311 25 66
Mobile : +90 505 467 03 44
Fax : +90 312 310 40 84
www.tcdd.gov.tr

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 145 million
EUR 370 million
Location
Sector(s)
Description
Objectives

The rehabilitation of the Irmak-Zonguldak railway line which connects several ports on the Black Sea with Anatolia, particularly the capital Ankara.

To shift mainly freight road transportation to railways in order to alleviate the imbalance among transport modes, hence decreasing environmental repercussions of road transport and increasing safety.

Environmental aspects
Procurement

The Project is aimed at rehabilitating and implementing a signalisation system for the 486 km Irmak - Karabük – Zonguldak Railway Line. The Project includes the complete renovation of the permanent way, substructure, bridges and culverts, the introduction of new telecommunication and signalling systems and changes to the track layout in some selected stations. Being a rehabilitation of a line along the existing alignment with no changes of the location of the permanent way, the project is expected to fall under Annex II of the relevant EC Directive and applicable Turkish legislation.

This is a project co-financed with IPA funds from the EC. Procurement of the works will be done in line with the relevant EC Directives and EIB Guide to procurement.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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