[Tee tiong huat]

President Erdogan, referring to the project as his "crazy project," emphasised its significance in 2021.

He said: "Today we are opening a new page in the history of Turkey’s development. We see Canal Istanbul as a project to save the future of Istanbul … to ensure the safety of life and property of Istanbul’s Bosphorus and the citizens around it."

[Tee tiong huat]

Iistanbul canal. A map showing plans for the Istanbul Canal

Europe is set to create its own version of the Suez Canal, as the ambitious project in Turkey gains momentum. The Istanbul Canal initiative, spearheaded by President Recep Tayyip Erdogan in 2021, aims to transform the city of Istanbul into a global trade hub, with an estimated cost of £20 billion.

The project faced initial resistance due to concerns about its impact on Istanbul's ecosystem.

However, the Turkish government pressed forward with its vision for 2023 and 2053, highlighting the economic and commercial benefits the canal would bring to the nation.

The project faced initial resistance due to concerns about its impact on Istanbul's ecosystem.

Istanbul Canal is strategically positioned in western part of Istanbul, connecting the Sea of Marmara and the Black Sea. With a length of 45 km, a width ranging from 400 to 1000 metres, and a depth of up to 25 metres, the canal will feature six bridges connecting it to the European side of Istanbul.

It is projected to accommodate the passage of 160 ships or tankers annually, alleviating pressure on the heavily trafficked Bosphorus Strait. He said: "Today we are opening a new page in the history of Turkey’s development. We see Canal Istanbul as a project to save the future of Istanbul … to ensure the safety of life and property of Istanbul’s Bosphorus and the citizens around it."

The canal is 1,000 metres wide in parts

The canal, set for completion in 2027, is poised to position Istanbul as a global trade center by providing a vital waterway parallel to the renowned Bosphorus Strait. This strategic location is expected to attract numerous commercial and tourism projects, further enhancing the city's economic prospects.

The value of the Istanbul Canal project is estimated at £20 billion, comprising £8 billion for building areas on both sides of the canal and £12 billion for the canal's construction. This significant investment reflects Turkey's commitment to creating a modern infrastructure that fosters economic growth and enhances its global standing.

[Napoleon Porlumpar]

ONLY accommodate the passage of 160 ships or tankers annually..............cost USD20B to build............

makan so much money ah..............

[Tee tiong huat]

ONLY accommodate the passage of 160 ships or tankers annually..............cost USD20B to build............

makan so much money ah..............

Europe is set to create its own version of the Suez Canal, as the ambitious project in Turkey gains momentum, project faced initial resistance due to concerns about its impact on Istanbul's ecosystem.
https://www.express.co.uk/news/world/187...de-erdogan

[Tee tiong huat]

A trans-Europe-Asia express journey

The Europe-West Asia-India transit corridor reinforces Europe's shift away from Russian energy sources in favour of supply from the Persian Gulf, a part of which is processed in India for re-export. 

The corridor also establishes an alternative to the Suez Canal, which is emerging as a choke point for just-in-time global supply chains. A rail bridge between the Mediterranean and the Indo-Pacific should improve access to manufacturing planning a shift out of China, thereby supporting India's ambition of increasing its share of goods trade. 

The funding railway and shipping lines provides an alternative template to China's Belt and Road Initiative (BRI) for building trading infrastructure in developing economies. 

The US regains influence in West Asia, where it has been losing bargaining power over energy pricing, and in the Indo-Pacific, where China has stitched together the largest trading bloc.
https://m.economictimes.com/opinion/et-e...559673.cms

[watchfirst9]

A trans-Europe-Asia express journey

The Europe-West Asia-India transit corridor reinforces Europe's shift away from Russian energy sources in favour of supply from the Persian Gulf, a part of which is processed in India for re-export. 

The corridor also establishes an alternative to the Suez Canal, which is emerging as a choke point for just-in-time global supply chains. A rail bridge between the Mediterranean and the Indo-Pacific should improve access to manufacturing planning a shift out of China, thereby supporting India's ambition of increasing its share of goods trade. 

The funding railway and shipping lines provides an alternative template to China's Belt and Road Initiative (BRI) for building trading infrastructure in developing economies. 

The US regains influence in West Asia, where it has been losing bargaining power over energy pricing, and in the Indo-Pacific, where China has stitched together the largest trading bloc.
https://m.economictimes.com/opinion/et-e...559673.cms

Your article ET BureauLast Updated: Sep 11, 2023, 12:03:00 AM IST

and is bypass Tuerqi
https://images.indianexpress.com/2023/09...ze=600,357

conflict with your title.

[Levin]

If they use this Istanbul Canal, that means that they have to travel via land once they have reached the Black Sea from the Mediterranean Sea. Going via Silk Road?

If that's the case, I don't see why the canal should be built if they are going via land. Might as well reach Turkey and start traveling via land instead of going through a canal to reach Russia, Georgia or goes back to Turkey (east side) and then travel via land.

[watchfirst9]

If they use this Istanbul Canal, that means that they have to travel via land once they have reached the Black Sea from the Mediterranean Sea. Going via Silk Road?

If that's the case, I don't see why the canal should be built if they are going via land. Might as well reach Turkey and start traveling via land instead of going through a canal to reach Russia, Georgia or goes back to Turkey (east side) and then travel via land.

There is no use of the mentioned route unless major oil discovery or resource export.

[Napoleon Porlumpar]

President Erdogan, referring to the project as his "crazy project," emphasised its significance in 2021.

He said: "Today we are opening a new page in the history of Turkey’s development. We see Canal Istanbul as a project to save the future of Istanbul … to ensure the safety of life and property of Istanbul’s Bosphorus and the citizens around it."

aiyah...............just to makan the construction money only lah...............

[EvertonDiehard]

During the World Cup draw, Ethiopia wanted Turkey, but got Hungary instead. LOL!

[Tee tiong huat]

aiyah...............just to makan the construction money only lah...............

convenience and convenient go together.