Profiles of Turkish Public Sector Projects for Foreign Funding in 2000 Other Public Services
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İSTANBUL RAIL TRANSIT PROJECT I. PHASE  1991K080500
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Project Description 7,5 km. rail transit system between 4.Levent and Taksim
Executing Agency Metropolitan Municipality of İstanbul
Location İstanbul
Duration 1991 - 2000
Status Construction and procurement of electro-mechanical units. Construction 
activities which cost 321 million US Dollars, are financed by municipality. For
electro-mechanical works foreign loan of USD 180 million is supplied. For 
additional works in workshop area, fire security, etc USD 52 million additional 
finance is required.
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(million US$)
Foreign
TOTAL
Project Cost 
 232,0
 553,0
Accumulated Expenses as of End 1999
 150,0
 470,0
2000 Allocation
 83,0
 83,0
Required Loan Amount
 52,0