Listen 0:00 / 0:00 − 1.0x + Default Ready At the end of March 2021, Turkey announced the approval of plans for constructing the Istanbul Canal, which will connect the Black Sea north of Istanbul to the Sea of Marmara to the south, with an estimated cost of 75 billion liras ($9.2 billion). This will be one of the largest infrastructure projects not only in Turkey, but globally too. “Canal Istanbul will serve as an international waterway that will complement Turkey’s logistics power and infrastructure by performing an important function in global maritime trade,” expressed Turkey’s Transport and Infrastructure Minister Adil Karaismailoğlu. “It is now a very short time before the construction of the Canal Istanbul begins,” he added. The 45-kilometre-long … Continue reading Is the Istanbul Canal Erdogan’s personal or Turkey’s national project?