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Monday, December 08, 2014

Istanbul’s traffic congestion hurts economy | Nation | Daily Sabah

ISTANBUL’S TRAFFIC CONGESTION HURTS ECONOMY

ISTANBUL — A new survey claims Istanbul's crippling traffic, one of the biggest problems for the country's most populated city, leads to a TL 6.5 billion economic loss

Istanbul's notorious traffic problem, one of the worst in the world, is believed to cause an average TL 6.5 billion ($2.8 billion) economic loss for the economy every year due to prolonged delays in travel, transportation of goods and the high level of gasoline consumption.

More:Istanbul’s traffic congestion hurts economy | Nation | Daily Sabah