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Italian Economic Diplomacy February 26: latest news from the world

Date:

02/26/2020


Italian Economic Diplomacy February 26: latest news from the world

TURKEY - INFRASTRUCTURE PROJECTS IN 2020

The Minister of Transport and Infrastructure Cahit Turhan announced that tenders for significant infrastructure projects will be launched in 2020. Of particular interest is the announcement for this year of the tender for the construction of the "Istanbul Canal". It is a new artificial channel at sea level, 45 km long and 275 meters wide, which aims to create an alternative route to the traffic of ships and tankers in the current Bosphorus Strait, one of the busiest straits in the world with about 42,000 ships each year. The urban development plan also provides for the construction of new earthquake-proof residential areas along the canal. According to the plans, the canal will be built west of the city centre on the European side of Istanbul, and the daily transit capacity will be 160 ships. The cost of the work will, according to government estimates, be between 13 and 20 billion dollars for a duration of 7 years.

Also outstanding is the tender for the 'Grand Istanbul Tunnel', a third underwater three-level tunnel under the Bosphorus Strait with roads and railway crossings, which will be integrated with the Yenikapı-Sefaköy metro. After completion, the tunnel will be used by 6.5 million people per year to travel from Europe to Istanbul's Asian side and vice versa.

   

TO THE TREVI GROUP THE CONTRACT FOR THE CONSTRUCTION OF A TUNNEL

The Norwegian company Veidekke Entreprenor, Norway's largest construction company, has awarded Trevi a contract for consolidation, strengthening and improvement of the soil and geological structure for the construction of a tunnel near the city of Drammen, about 40 km west of Oslo.

The Trevi S.p.A. group has been entrusted with the task of carrying out soil consolidation works aimed at stabilising the geological foundations on which the tunnel planned for the Drammen-Kobbervikdalen section will rest.

 


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