Friday, 03 December 2021 01:07 GMT

Turkey to open logistics centers in several provinces by end of 2023 (Exclusive)


(MENAFN- Trend News Agency )

BAKU, Azerbaijan, Oct.18

Trend:

Turkey will open logistics centers in Karaman, Mardin, Bitlis, Kayseri and Bilecik provinces by late 2023, the country's Ministry of Transport and Infrastructure told Trend .

According to the ministry, the construction of the centers in Karaman, Mardin and Bitlis began in 2019.

"The total cost of construction of a logistics center in Karaman province is 191 million Turkish liras ($22.48 million), in Mardin - 83 million liras ($9.77 million), while in Bitlis province - 110 million liras ($12.95 million)," the ministry said.

The ministry noted that construction of logistics centers in the provinces of Kayseri and Bilecik started in 2020.

"The cost of building a logistics center in Kayseri province is 379 million Turkish liras, and in Bilecik province - 630 million liras," the ministry said.

As earlier reported, by the end of 2024, nine logistics centers with a total value of 2.3 billion Turkish liras ($270 million) will be created in 13 provinces of Turkey.

In Turkey, work is underway on the implementation of 469 transport and infrastructure projects with a total cost of 694.7 billion liras ($81.78 billion). Of these funds, 179 billion liras ($21 billion) are foreign loans. Implementation of some of the projects began in previous years.

In 2021, over 42.4 billion liras ($5 billion) will be allocated for the implementation of transport and infrastructure projects in Turkey, nearly 6 billion liras ($710 million) of which will be attracted via foreign loans.

In 2020, 282.7 billion liras ($33.28 billion) were allocated for the implementation of transport and infrastructure projects in Turkey, over 56.8 billion liras ($6.7 billion) of which came from foreign loans.

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