Banks back Turkish railport

The Kocaeli railport is being developed by a 67:33 joint venture of Arkas Holding and Duisport.

TURKEY: Two US$30m loans to finance the US$86m development of a privately-run inland rail terminal in Kocaeli province, to the east of Istanbul, have been agreed by the European Bank for Reconstruction & Development and majority Chinese-owned Turkish bank ICBC Turkey.

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