Latest News about the Canal Istanbul
Canal Istanbul is one of the mega transportation investment projects and Turkey's most strategic project plans in 2021 to eliminate the increasing risk posed by ships carrying dangerous stuff through the Bosphorus.
The Canal Istanbul called “The Crazy Project” was first introduced by president Recep Tayyip Erdoğan in 2011 and the features of the project have been kept secret for some time.
Turkey's President Recep Tayyip Erdogan shared a post on his Twitter account: "Today we opened a new page in the history of Turkey's development and progress." We held the groundbreaking ceremony for Sazli Bridge in Canal Istanbul.
He said that the Istanbul Canal project was announced to the public on April 27, 2011, adding that a total of 204 experts, including 51 scientists from 11 different universities, conducted research on the project. Also, 3500 people from 35 different countries participated in the modeling process.
Erdogan said that: "More than 17,000 meters of puncturing and 248 geophysical studies were carried out in 304 different points of this project." According to scientific studies, the current route has been selected as the most logical and efficient line from 5 different options.
The length of the canal Istanbul is 45 kilometers and its cross-section is 275 meters. Its depth is 21 meters without taking the deductions into account.
The Canal Istanbul which will be built in the European part between the Black Sea and the Sea of Marmara has a 20.75 meters depth. 6 bridges will also be built on the Canal Istanbul.
Erdogan, the President of the Republic of Turkey also said that with the completion of the Basaksehir-Baghchehshir-Hadimkoyi section of the project, carbon emissions will be reduced by 32,126 tons and a total of 717.2 million Turkish Liras will be saved annually in terms of time and fuel.
"Today a new page is opened in the history of Turkey's development and progress," said Turkish President Recep Tayyip Erdogan during a speech at the inauguration ceremony of the Istanbul Sazli Bridge over the Canal Istanbul. Today we are digging one of the sample channels in the world. "We consider the Canal Istanbul as a project to save the future of this city."
Emphasizing that the construction of residential areas and Istanbul real Estate projects with a capacity of 500,000 people on both sides of the Canal Istanbul Turkish President said that the population pressure of the center of Istanbul will also relieve by this way.
"The Canal Istanbul will be the top environmental project not only in Turkey but also in the world,". All engineering studies in the Canal, each of which requires separate work, are legally conducted within the framework of knowledge and technology.
"By completing the Canal Istanbul project without spending from the state and nation's treasury, we will achieve another global work."
Canal Istanbul is expected to be a waterway that the world's biggest vessels would easily pass through Istanbul. Canal Istanbul is known as the largest construction project of the decade in global terms. In addition, the project is one of Turkey's most strategic project plans to eliminate the increasing risk posed by ships carrying dangerous stuff through the Bosphorus.
Eight years ago, it was planned to build a new waterway in Istanbul with the aim to link the Black Sea to the Sea of Marmara that opens to the Aegean Sea. The construction works of the Canal Istanbul is expected to start by the end of 2019, according to media resources, but there is no official confirmation from the state elites.
The 45 km-long Canal as an artificial sea-level waterway will be built in Istanbul’s Kucukcekmece-Sazlidere-Durusu region. It is expected to have a capacity of 160 vessel transits a day.
In terms of political and strategic significance, Canal Istanbul Project (The Crazy Project) will not be subject to the International Treaty namely Montreux Convention signed in 1936. The total amount of money Canal Istanbul is expected to cost is over $20 billion. It is scheduled for completion in 2023, for the 100th anniversary of the foundation of the Turkish Republic.
Known as the largest construction project of the decade globally, the Canal Istanbul Project has been subject to some critiques too. The people who are against the project belong to opposition party circles and they argue that after expropriation, agricultural land and forests will be destroyed. On the contrary, many state officials and experts argue that Canal Istanbul with its marinas, coastal structures, container ports and logistics centers is a very important project for the future of Turkey. The Canal Istanbul Project will take its place along with Panama Canal, the Suez and Corinth Canal in Greece. This will contribute to the prestige of Turkey on an international platform while serving national interests inside as well.
Transport and Infrastructure Minister Adil Karaismailoglu made important statements regarding the Canal Istanbul project, which he described as the only project in the world, not just Turkey.
Adil Karaismailoglu explained that there will be lots of works in 2021 regarding the Canal Istanbul project. Minister Karmaaisiloglu explained the process as follows:
"Both the traffic in the Bosphorus and the commercial volumes in this world will not remain like this. These will continue to rapidly rise day by day. At the moment, around 12 billion tons of all cargo is transported by ships. This will increase to 35 billion tons in the next 10 years, we need to prepare for the next 50 - 100 years. As a result of our huge transportation investments, these are all part of the logistics master plan. Canal Istanbul Project is also a master plan for this reason. "
“Ship volumes are quite growing. Transport and Infrastructure Minister Adil Karaismailoglu emphasized, “the density of dozens of ships that want to pass from Yenikapı and the Bosphorus".
"What will happen to the Bosphorus traffic in 10 years?”. Karaismailoglu said, “We have to provide logistics in some way and its best alternative is Canal Istanbul Project.
Pointing out that 2021 will be active for the Canal Istanbul project, Minister Karaismailoglu said, Canal Istanbul is not just a waterway. The settlements which will build around it, holding from the ecological areas to tourism, Canel Istanbul project is not just Turkey's project, in fact, a world project.
President Recep Tayyip Erdogan’s New Statement about the Canal Istanbul
Turkish President Recep Tayyip Erdogan had new statements regarding the Canal Istanbul project in National Library in the capital Ankara: "We are implementing the work that will establish our own independence, our own sovereignty completely,”. Canal Istanbul project has a 42-43 kilometers long canal. Istanbul will achieve great wealth and the Strait of Istanbul will be ecologically comfortable.
The main purpose of planning and constructing the Canal Istanbul project is to connect the Black Sea to the Sea of Marmara. Also, to control the stopping time of ships coming from Marmara and the Black Sea. The construction of the Istanbul Canal will make the Golden Horn part of Turkey a calmer and more comfortable area.
The price of land, which had been stagnant for a period, is expected to increase by about 30% with the tender of the Canal Istanbul Project. On the other hand, representatives of the construction industry stated that even if the project does not materialize, interest in the area will be permanent and prices will rise due to the increasing demand for land in Istanbul.
The president of the Association of Real Estate Sales and Marketing Specialists (GAPAS) said that even if there is a recession in certain periods and the project is not implemented, the price will increase in the region.
The most obvious step that can be taken in the near future about the project is the tender of the Istanbul Canal. Under such circumstances, a rapid increase of 10 to 15% is predicted.
Price increases are forecast in regions such as Tayakadin, Boyalik, Baklali, Yassioren, Dursunkoy, and Aranavutkoy. If you are planning to buy apartments for sale in Istanbul click the link.