| Project Detail |
Turkey
Project number:
49522
Business sector:
Transport
Notice type:
Private
Environmental category:
B
Approval date:
27 Apr 2022
Status:
In Exploratory, Pending Concept Review
PSD disclosed:
09 Mar 2022
Project Description
The provision of an additional USD 30 million commitment to Railport Terminal Isletmeleri A.S. ("Railport") to finance the first private inland terminal to provide intermodal cargo services in Turkey.
The Project Summary Document was originally disclosed on 20 July 2018 and a Loan Agreement, in the amount of USD 30 million, was signed between the EBRD and Railport on 9 May 2019.
An innovative business concept in Turkeys transport sector, the Railport will be located in the Kocaeli province of Turkey, a major industrial hub. It will service industries located within the Ankara, Bilecik, Bolu, Bursa, Duzce, Eskisehir, Kocaeli, Sakarya and Yalova regions. The terminal will have an annual capacity of 105,000 twenty-foot equivalent units (TEU) and 500,000 tonnes general cargo after implementation of the Phase 1 of the Railport. This capacity will be realised on a terminal area of 26.5 hectares, with 5,000 square meters of warehouse storage capacity.
The project involves the development of an intermodal hub for freight transport within Turkey and will facilitate freight rail transport within Turkey and between Asia and Europe, as well as among European, Balkan and Central Asian countries.
Project Objectives
The project involves design, construction, equipment and operation of an inland intermodal logistics terminal in Kocaeli, Turkey. |
