Kocaeli Railport Terminal Additional Financing

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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