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Kocaeli Railport Terminal Additional Financing

Sector: Mass Transit • Location: Turkey

Source: World Bank Group

Project
Active

This project represents additional financing for the design, construction, equipment and operation of an inland intermodal cargo terminal or railport in Kocaeli province, Turkey. The logistic hub is planned to have capacity of 105,000 twenty-foot equivalent units (TEU) and 500,000 tonnes general cargo after completing the project. The project company is called Railport Terminal Isletmeleri A.S. a

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Project Information

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The project “Kocaeli Railport Terminal Additional Financing” is an infrastructure initiative in the Mass Transit sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Description

Description

This project represents additional financing for the design, construction, equipment and operation of an inland intermodal cargo terminal or railport in Kocaeli province, Turkey. The logistic hub is planned to have capacity of 105,000 twenty-foot equivalent units (TEU) and 500,000 tonnes general cargo after completing the project. The project company is called Railport Terminal Isletmeleri A.S. and is owned by Limar Liman ve Gemi Isletmeleri A.S. (65.6 per cent), Arkas Holding A.S. ("Arkas") (1%) and Duisburger Hafen Aktiengesellschaft ("Duisport") (33.3%). Total amount of the new financial package is $30 million, provided by EBRD and the bank is increasing its commitment from $30 million (in 2019) to $60 million. Financial close took place on 27 April, 2022. https://www.ebrd.com/work-with-us/projects/psd/railport-turkey.html

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High

Data quality score

100%

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