Additional funds allocated to build logistics center in Turkey

Türkiye Materials 3 March 2020 19:11 (UTC +04:00)

BAKU, Azerbaijan, March 3

Rufiz Hafizoghlu - Trend:

Additional funds have been allocated for the construction of Sivas logistics center in Turkey, Trend reports on March 3 referring to the Turkish Ministry of Transport and Infrastructure.

Twenty million Turkish liras ($3.2 million) will be invested in 2020 in the construction of a logistics center, the ministry said.

"The construction of a logistics center in the Sivas province, with the total cost of 250 million liras ($40.6 million), will be completed in 2022," the ministry said.

According to the ministry, 25.2 billion liras ($4.1 billion) will be invested in transport and infrastructure projects in Turkey in 2020.

A total of 2,994 projects will be implemented in 2020 in Turkey, 455 of which are in the field of transport and infrastructure. A total of 77.134 billion liras ($12.5 billion) were allocated for the projects.

Implementation of projects to create 12 logistics centers is also under way, the ministry added.

Eight of such centers are at design and tender stage, and the construction of another four ones continues. Foreign contractors may participate in the construction.

The construction projects of 21 logistics centers in Turkey are planned to be implemented under the Government’s Target-2023 Plan. Nine logistics centers have already been commissioned.

(1 USD = 6.2304 TL on March 3).

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