Marmaray Commuter Rail Upgrading
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Approval date
20 November 2025
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Borrower
Government
- Country
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Loan size
€ 50 000 000
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Line of action
Investing in People and Enhancing Human Capital
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Status
In progress
An additional request of €50 million for a Project loan to partially finance investments to cover extra costs, mainly stemming from exceptional archaeological excavations, under the Commuter Rail Upgrading (CR1/CR3 Contracts) component. It aims to complete the Commuter Rail Upgrade and deliver a modern, safer, faster, and more environmentally friendly rail-based public transportation service while enhancing urban mobility in İstanbul.
Final beneficiaries: Approximately 16 million inhabitants of İstanbul and daily users of public transport.