Learn about the Istanbul Canal project in 2018
The Istanbul Canal project dates back to 2011, when he was president
Turkish Prime Minister Recep Tayyip Erdogan
It is a very large project that will aim to connect the Sea of Marmara with the Black Sea in the European section of
Istanbul and to the enormity of this project was called the project of the age because in fact
The largest investment project in the history of all of Turkey and is of great importance for the benefit of the expansion of the Turkish waterways
According to Ahmed Arslan, Minister of Transport, Maritime Transport and Communications at a press conference, the best channel route will be from Buuk Shakmaj Marmara area in the Sazli Derah area and finally the Duroso Cui area
According to sources from Anatolia, several studies will be evaluated for the completion of this project in the field of construction, operation and transformation and will be cooperation between the public and private sectors to accomplish this huge work
The project will reduce the pressure of ships on the Bosphorus Strait. This will reduce the harmful emissions caused by large vessels passing through the strait.
Removal of unorganized random buildings located on the channel slit path
Last year, the excavation was completed and the channel's course was examined and is now ready for immediate implemetation
This work was carried out by several ministries, including the Ministry of Environment, Forestry, Water and Agriculture, in addition to the Ministry of Transport and Maritime Transport
The project was assisted by the Municipality of Istanbul and the Housing Department of the Prime Minister's Office
The above route, which will be 45 km long, was chosen
The Directorate of Land Roads will establish ports and bridges within the Canal for emergency situations, as well as some artificial islands to be constructed in the Sea of Marmara, taking advantage of the resulting soil from the canal
The base booking will be put in place to start the implementation of the channel project after the end of the tender. The winning company will be preparing the implementation program and following up on it
It is important to mention that the canal project was carefully studied to protect it from earthquakes and wind waves with expectations for up to 25 years, in addition to the storms and deep waves coming from the Black Sea and also so that the passage of ships does not lead to the formation of strong waves on the banks of the canal, Wavy
And now the most important question is what is the benefit of establishing Istanbul Canal for investors in Istanbul?
A project of this size will definitely benefit all other investment areas in the country because of the revitalization of the trade movement and thus will raise property prices on the new canal route, it will be parallel to the current Bosphorus Strait is known that the real estate overlooking the Bosphorus is the highest price in Istanbul, The idea of real estate investing in the New Canal Road is a good and profitable idea
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