A funding package worth 1.55 billion has been secured for Turkey’s Dörtyol-Hassa Highway and Railway Project project. The new link will be located in Southeast Anatolia and feature twin tunnels for road traffic and a single tunnel for the rail link.
The financing is being supplied by Societe Generale-led lenders. A number of commercial banks are participating in the package, which is being secured by the Swedish Export Credit Agency EKN and the Islamic Investment Insurance and Export Credit Company (ICIEC). The project provides a new link between the Gulf of Skenderun and Southeast Anatolia, in Turkey’s Hatay Province. The work is being managed by Turkey’s Ministry of Transport and Infrastructure General Directorate of Infrastructure Investments.
The road link features twin tunnels measuring around 19km, which feature two lanes for traffic each. The rail link is of a similar length and carries a single track. One of the road tunnels is being driven by the New Austrian Tunnelling Method (NATM), while the other is being driven using a tunnel boring machine (TBM). The rail link is being driven by a combination of NATM and TBM technology.
The project will cut journey times and help boost the economy of Hatay Province, which is in the south of the country and has the potential to develop tourism. This will also boost trade between Hatay Province, bordering Syria, and the rest of Turkey.
