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Artist's impression of the Istanbul North Rail Crossing Project. Copyright © RailBays 2026.

AIIB Backs Istanbul North Rail Crossing with Up to USD1.5 Billion Financing

The Asian Infrastructure Investment Bank (AIIB) has approved financing of up to USD1.5 billion for the Istanbul North Rail Crossing Project (INRAIL), marking one of the bank’s largest transport infrastructure investments in Türkiye. The financing agreement, signed with the Republic of Türkiye, represents the first phase of AIIB’s support for the transformative rail corridor that […]

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