Infrastructure

UK underwrites financing for another section of Turkish high speed rail network

2024-01-22T09:00:00

A ceremony for the signing of the credit agreement in Istanbul in early January was attended by UK Secretary of State for Business & Trade Kemi Badenoch.

TURKEY: The UK government’s export credit agency UKEF has agreed to underwrite a €1·03bn loan arranged by Mitsubishi UFJ Financial Group for three Turkish companies to construct Turkey’s 140 km long Yerköy – Kayseri route modernisation scheme.

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