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Izmir tramway

Sector: Car parking • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Active

The proposed investment is a EUR 55 million A loan to the Metropolitan Municipality of Izmir to help finance the construction of two new tramway lines on opposite sides of the Izmir Bay in Konak and Karsiyaka districts and the purchase of the related rolling stock. The Konak line (F. Altay-Halkapinar) has a route length of 12.4 km, and will operate with 19 stations and 21 vehicles; while the Karsi

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The project “Izmir tramway” is an infrastructure initiative in the Car parking sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

The proposed investment is a EUR 55 million A loan to the Metropolitan Municipality of Izmir to help finance the construction of two new tramway lines on opposite sides of the Izmir Bay in Konak and Karsiyaka districts and the purchase of the related rolling stock. The Konak line (F. Altay-Halkapinar) has a route length of 12.4 km, and will operate with 19 stations and 21 vehicles; while the Karsiyaka line (Mavisehir-Alaybey) has a route length of 9.6 km, and will operate with 16 stations and 17 vehicles.The tramways will complement the sea transportation project and the traffic management project recently financed by IFC and other IFIs, with the goal to reduce road congestion and promote alternative environmentally-friendly modes of public transportation in Izmir.

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