UK credit agency backs Turkish electric railway project

Cecilia Keating
clock • 2 min read
The railway track will connect to the Ankara-Sivas line (pictured) which opened in April 2023 | Credit: Flickr, Ludger Heide
Image:

The railway track will connect to the Ankara-Sivas line (pictured) which opened in April 2023 | Credit: Flickr, Ludger Heide

Electric railway designed to support regional economic growth, slash transport emissions, and reduce congestion in the Ankara region

UK Export Finance has teamed up with the export credit agencies of Austria, Italy, and Poland to provide a €1.25bn finance package to fund the construction of a new high-speed electric railway in Turkey....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Rail

'One of the UK's greatest but often overlooked economic assets': The case for electrifying UK rail freight
Rail

'One of the UK's greatest but often overlooked economic assets': The case for electrifying UK rail freight

Freight electrification has been moving at a sluggish pace, but the Rail Industry Association argues a targeted and pragmatic upgrade programme would unlock huge economic, environmental, and societal benefits

Michael Holder
Michael Holder
clock 09 July 2026 • 8 min read
NAO warns 'significant work' required on HS2 reset
Rail

NAO warns 'significant work' required on HS2 reset

Latest report on delayed high speed rail projects warns government needs to ensure promised reset finally puts troubled project on 'stable footing'

James Murray
James Murray
clock 29 June 2026 • 4 min read
Rail industry warns electrification is 'essential' for energy security and net zero
Rail

Rail industry warns electrification is 'essential' for energy security and net zero

New report from Railway Industry Assocation argues a programme-based approached to electrification could reduce infrastructure delivery costs by a third

Amber Rolt
clock 04 June 2026 • 3 min read