UK credit agency backs Turkish electric railway project

Cecilia Keating
clock • 2 min read
The railway track will connect to the Ankara-Sivas line (pictured) which opened in April 2023 | Credit: Flickr, Ludger Heide
Image:

The railway track will connect to the Ankara-Sivas line (pictured) which opened in April 2023 | Credit: Flickr, Ludger Heide

Electric railway designed to support regional economic growth, slash transport emissions, and reduce congestion in the Ankara region

UK Export Finance has teamed up with the export credit agencies of Austria, Italy, and Poland to provide a €1.25bn finance package to fund the construction of a new high-speed electric railway in Turkey....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Rail

Staying on track: Future proofing global railway networks

Staying on track: Future proofing global railway networks

Rail organisations and governments must develop a whole-system approach to making rai systems more resilient to climate impacts, writes Arup's Juliet Mian

Juliet Mian, Arup
clock 09 July 2024 • 4 min read
Euro 2024: UEFA hails 75 per cent decrease in team flights during group stage

Euro 2024: UEFA hails 75 per cent decrease in team flights during group stage

Group stage matches were split into three regional clusters in a bid to encourage footballers and fans to travel between fixtures on train and bus

Cecilia Keating
clock 04 July 2024 • 2 min read
'The biggest challenge our railway faces': Network Rail plots £2.8bn climate resilience plan

'The biggest challenge our railway faces': Network Rail plots £2.8bn climate resilience plan

Rail network body to ramp up investment in efforts to help Britain's railway better cope with extreme weather such as flooding, heatwaves and storms

Michael Holder
clock 03 April 2024 • 3 min read