Istanbul Canal
Sector: Water Supply and Storage • Location: Istanbul, Turkey
Source: Business Insider Africa
The Istanbul Canal is a £20 billion project by Turkey to create a toll-based shipping route linking the Black Sea and the Sea of Marmara. It aims to provide a maritime corridor similar to the Suez Canal, capable of handling around 160 vessels or oil tankers per day, and to monetize transit traffic through tolls.
- Status
- Under Construction
- Sector
- Water Supply and Storage, Oil and Gas, Government, Road, Seaport
- Location
- Istanbul, Turkey
- Updated
- 22 Jul 2026
- Source
- Business Insider Africa
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Istanbul Canal is a £20 billion project by Turkey to create a toll-based shipping route linking the Black Sea and the Sea of Marmara. It aims to provide a maritime corridor similar to the Suez Canal, capable of handling around 160 vessels or oil tankers per day, and to monetize transit traffic through tolls. |
Original sector | Maritime Infrastructure |
Budget |
Location
Country | Turkey |
City | Istanbul |
Source
Source | Business Insider Africa |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Oil and Gas, Government, Road, Seaport |
Article published date | 2026-04-15 |
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