UK: Ankara, London agree $2.3B loan for Türkiye's green railway

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UK: Ankara, London agree $2.3B loan for Türkiye's green railway
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Ankara, London agree on $2.3B loan to fund 503-km high-speed electric railway in Türkiye, says UK's trade secretary Anne-Marie Trevelyan

Bankrolling a high-speed rail line between Turkish capital Ankara and port of Izmir is UK's biggest-ever civil infrastructure export finance deal that it says is"strongly sustainable."Britain has agreed its biggest-ever civil infrastructure export finance deal to underwrite a high-speed rail line between the Turkish capital Ankara and the port of Izmir in the west of the country, a senior official said.

Britain hosted the COP26 climate conference last year and its Trade Ministry said the deal would help Türkiye decarbonise its transport sector and meet commitments to reduce greenhouse gas emissions.

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