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Saturday, December 16, 2006

People's Daily Online -- EIB provides 157 mln USD loan for Turkey's high-speed train project

"EIB provides 157 mln USD loan for Turkey's high-speed train project
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The European Investment Bank (EIB) has provided some 157 million U.S. dollars loan for the Sincan- Inonu section of the Ankara-Istanbul high-speed train project, Turkish Treasury Undersecretariat announced on Friday.

An agreement was signed on Thursday regarding the mentioned loan to construct 236-km-long railway between Sincan town of Ankara and Inonu town of central Eskisehir province, the undersecretariat said in a statement."

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