US EditionTurkey gets funds to modernise Middle Corridor
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Turkey gets funds to modernise Middle Corridor
Turkey has secured $660,000 in funding from the World Bank to go towards the development of the Middle Corridor trade route. The project will be co-financed by Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) and Jeddah’s Islamic Development Bank, the state-run Anadolu Agency reported, quoting the country’s official gazette. The first phase of the project, estimated to cost $1.3 billion, is to modernise the Divrigi-Kars-Georgia …
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