| Profiles of Turkish Public Sector Projects for Foreign Funding in 2000 | Other Public Services |
| İSTANBUL RAIL TRANSIT PROJECT II. PHASE | 1997K080210 |
| Project Description | 5,5 km. rail transit system between Taksim and Yenikapı |
| Executing Agency | Metropolitan Municipality of İstanbul |
| Location | İstanbul |
| Duration | 1997 - 2001 |
| Status | Construction
and procurement of electro-mechanical units. Construction of
Unkapanı-Yenikapı section, which cost USD 75 million , will be totally financed by the Municipality. In addition to local part of USD 6 million , for construction of Taksim-Unkapanı section and electro-mechanical works, foreign loan of USD 250 million is required. When this phase completed, rail transit network in European part of İstanbul City will be connected to the Asian part if the Bosphorus Rail Tunnel Crossing Project is realised. |
| (million US$) | ||
|
Foreign
|
TOTAL
|
|
| Project Cost | 250,0 | 331,0 |
| Accumulated Expenses as of End 1999 | 0,0 | 10,0 |
| 2000 Allocation | 29,0 | 55,0 |
| Required Loan Amount | 250,0 |