Stating that the foundation of Kanal Istanbul will be laid in June, Karaismailoglu said, “We are planning to complete it in 5 years.”
The countdown has accelerated for Kanal Istanbul, which will turn Turkey into a logistics base. Minister of Transport and Infrastructure, Adil Karaismailoglu, said, “As of June, we are laying the foundations of our ‘Kanal Istanbul’ project, which will turn our country into a logistics superior.” Minister Karaismailoglu also shared a one-to-one photo of the Kanal Istanbul project on his social media account.
TRANSPORTATION BY SEA IS INCREASING
Minister Karaismailoglu also made statements about the project in a television program he attended. Karaismailoglu, emphasizing that the number of ships passing through Istanbul is 25 thousand said, “We are in the very center of Eurasia. There was an accident in the Suez Canal recently, the channel was closed. The cost of a day is $9 billion. Logistics corridors are increasing. The rate of transportation by sea is increasing every year. Today, the number of ships that should pass safely in Istanbul is 25 thousand, but we and our friends are trying to pass 43 thousand ships safely.”
IT WILL BE COMPLETED IN 5 YEARS
Noting that 78 thousand ships are expected to pass in 2050, Karaismailoglu said, “With the Kanal Istanbul project, Turkey will become the top of the logistics. We will start our project as of June. The waiting times of the ships will be longer, and considering the logistics costs of their waiting costs, it will be more advantageous to pass through Kanal Istanbul. We are planning to complete it in 5 years. Sazlidere Dam meets 2.9% of Istanbul’s water needs. More water need will be created with the dams built.”
Source: Sabah / Translated by Irem Yildiz
