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FinancialNews
20-03-21
Turkey invests USD401.6B in its transport, communication infrastructure
(MENAFN)According to the nation’s transport and infrastructure minister, Turkey invested 1 trillion Turkish liras (USD401.6 billion) in its transport and communication infrastructure in the previous 19 years.
The port is very important for Turkey due to its geographical location, capacity, neighboring to the free trade zone and transit and hinterland connections, Adil Karaismailoglu further stated before the groundbreaking ceremony of the Mersin International Port's expansion project.
He added that the project is going to increase Turkey's trade rate with Eastern Mediterranean basin countries and all countries in the region.
The minister declared that the capability of a port in Turkey’s southern Mersin province will be increased from 2.8 million to 3.6 million twenty-foot equivalent units (TEU).
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