EBRD is providing an €88·3m loan towards metro Line M9 in Istanbul.

TURKEY: The European Bank for Reconstruction & Development has announced that it is providing a loan to Istanbul Metropolitan Municipality towards the construction of metro Line M9.

EBRD is providing an €88·3m loan, with a further €250m coming from the European Investment Bank. The total project cost is €338·3m.

Running through the European side of the city, Line M9 would connect İkitelli Sanayi in the north with Ataköy in the south. The 13·4 km route would serve 12 stations, of which five would be interchanges with existing or future metro lines.

Due to open in 2019, the driverless line would have a capacity of 45 000 passengers/h per direction.