The Asian Infrastructure Investment Bank (AIIB) has provided a EUR 300 million funding for Ispartakule-Cerkezkoy rail line in Turkey.

The project involves the construction of 67 km of new double-track, electrified, high-speed railway from Ispartakule station to a location adjacent to the east of Cerkezkoy station, approximately 1 km from the centre of Cerkezkoy.

The project consists of three components. The first one covers the construction of the section and the required systems, including ERTMS Level 1, power supply and auxiliaries.

The second component covers the capacity development and technical assistance to the PIU on project management, procurement, monitoring, contract implementation, financial management and environmental and social activities.

The third component will see the livelihood restauration activities.