A clear government interest in the Canal Istanbul project appears through the huge projects opened by the Turkish government, the latest of which was the cement port “Çiftalan Marmara” on the Black Sea shore of Canal Istanbul, which the Ministry of Environment, Urbanization and Climate Change announced the approval of its construction on June 2nd of the current year, and according to the information contained in the Environmental Impact Assessment file, it was stated that the Canal Istanbul project and the urban transformation projects planned to be accomplished in the coming years will start before the completion of the port project, and therefore the demand for cement will increase significantly. However, this paragraph was removed at a later time.
Cost and goals
During the evaluation of the application of building the cement port as part of the Istanbul Canal project, the cost of the port, which is being supervised by YD Madencilik Anonim Şirketi, was announced, and it is 72 million Turkish liras, as for the total area of the project, it is estimated at 8,347 sqm, where a 200 m long berth will be added to the port enabling two ships to dock side by side, it is worth noting that the main objective of the project is to meet the requirements of the new Canal Istanbul, which raises the value of investment in the area and constitutes a great attraction factor for investors, in addition to the most important government companies in Turkey such as Emlak Konut, Toki and Turkish Airlines have announced the start of implementing housing projects on the banks of Canal Istanbul.
Unique investment offers
The lands of Canal Istanbul are located in a distinctive investment spot for Turkey and the world, where the canal is being established in the European section of Istanbul between the continents of Europe and Asia, and an earthquake-resistant city is being established on both sides of it, which Turkey intends to compete with the most powerful cities around the world, to learn about the investment offers in the land of the new Bosphorus, do not hesitate to contact the specialized team at Elhaj Real Estate Group, wherever you are around the world.
Source: Milligazete
#black_sea
#istanbul_canal
#elhaj_group