Turkey to spend 8.5 bln TlL transportation in 2011

Turkey will also spend 3.1 billion TL on road transportation, 514 million on air transportation and 251 million on maritime transportation this year.

Turkey to spend 8.5 bln TlL transportation in 2011

Turkish government plans to spend 8.5 billion Turkish lira (nearly 5.5 billion USD) on transportation this year.

This amount means a 7 percent rise over last year's transportation spending and it is equal to nearly 25 percent of all investments planned for 2011.

Railway projects will get the largest share in investments on transportation. Government allocated 4.27 billion TL for railways, especially for high-speed train projects. 477 million TL will go to high-speed railway project to connect Ankara to Istanbul and 200 million TL will be spent on Ankara-Konya high-speed line.

Also, some 200 million TL is allocated for the high-speed railway project to link Ankara and Sivas.

Government will also spend 3.1 billion TL on road transportation, 514 million on air transportation and 251 million on maritime transportation this year.

AA

 

Last Mod: 15 Ocak 2011, 13:59
Add Comment