The Administrative Council of the CEB approves a donation operation in favour of Georgia for an amount of 1 million euros
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CEB and Turkey sign a € 217 million loan in favour of the Marmaray Project and discuss prospective activities for 2008-2011
Istanbul, 24 June 2008: CEB is extending a € 217 million loan to the Republic of Turkey to part-finance the Marmaray Project, the trans-Bosphorus rail link aimed at significantly improving the urban transport network of Istanbul, one of the world’s fastest growing metropolises. The Marmaray Project will supply a 76-km uninterrupted fixed public transport link across the Istanbul Strait, thus contributing to a sustainable and environmentally-friendly solution to current pollution, congestion and public transport problems in the Istanbul metropolitan area...
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