EBRD supports critical infrastructure in Turkish cities
Turkey, Feb. 20 -- The European Bank for Reconstruction and Development (EBRD) is providing essential support for critical infrastructure in Turkiye.The Bank is providing financing for two major projects: a €110 million loan extension to complete the Umraniye-Ata?ehir-Goztepe metro line in Istanbul; and a €42 million sovereign loan to construct a new wastewater treatment plant in Osmaniye, one of the provinces heavily impacted by the February 2023 earthquakes.The Umraniye-Ata?ehir-Goztepe metro line will connect major residential districts, business centres and a key healthcare institution, including the rapidly developing Istanbul Financial Centre, significantly improving mobility on Istanbul's Asian side. By offering a fast, l...
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