Irmak-Zonguldak Railway Rehabilitation (Turkey) – Investment Loan
Date of entry : 09/02/2011
Promoter – Financial Intermediary
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
http://www.tcdd.gov.tr
Location
Turkey
Description
The rehabilitation of the Irmak-Zonguldak railway line which connects several ports on the Black Sea with Anatolia, particularly the capital Ankara.
Objectives
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.
Comments
Sector(s)
Transport
Proposed EIB finance
Up to EUR 145 million
Total cost
EUR 370 million
Environmental aspects
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.
Procurement
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.
Status
Signed – 04/07/2011.
