From Beijing to London, a faster track is coming — and Istanbul is right at the centre of it.
Big money, bigger ambition.
Türkiye and the World Bank have sealed a €1.67 billion deal to power the Istanbul Northern Railway Crossing Project — a move set to ease one of global trade’s biggest bottlenecks.
The agreement, signed by Mehmet Simsek and Anna Bjerde, is part of a massive $8.1 billion project largely backed by international financiers.
A new electrified rail line will run across the Bosphorus via the Yavuz Sultan Selim Bridge — supercharging a key trade corridor linking Asia to Europe.
Translation: freight capacity is set to skyrocket from 3 million tonnes to a whopping 50 million tonnes annually.
For global trade, that’s a game-changer.
The project aims to unclog the “Middle Corridor,” making it faster, more reliable, and far more strategic in connecting continents.
And it’s not just about goods — jobs are coming too. Over 400,000 employment opportunities are expected once the project is fully operational.
Türkiye is laying down tracks not just for trains, but for global commerce.
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