Only 75 meters are left to connect the two sides of the 5.4 kilometer undersea motorway tunnel being built between the European and Asian sides of Istanbul, Transportation Minister Feridun Bilgin said over the weekend. The tunnel, which will be operational at the end of 2016, will connect the Kazlıçeşme neighborhood on the European side to Göztepe in Asia and will cut the travel time between the two congested areas to 15 minutes.
Director of SOCAR Turkey, Kenan Yavuz announced that the world’s leading investment bank Goldman Sachs bought the 13 percent of the shares of SOCAR Turkey in exchange for 1.3 billion $.
Istanbul Metropolitan Municipality has announced plans for a tender for two new metro lines in September.
“A tender will be held for the subway lines between Ataköy-İkitelli on the European side and Dudullu-Bostancı on the Asian side in September,” Istanbul Mayor stated. Read more »
A repatriation center with a capacity of 400 people will be built in the Ayvacık district of the northwestern province of Çanakkale.