Turkey’s New Canal Across Istanbul Will Cost $15 Billion
Photographer: Ozan Kose/AFP/Getty Images
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Turkish President Recep Tayyip Erdogan’s project to build a canal in Istanbul will cost around $15 billion, according to the nation’s transport minister.
“We will break the ground for the first bridge by the end of June,” Adil Karaismailoglu, minister of Transportation and Infrastructure, told state-run TRT on Friday. The six bridges spanning the canal will cost $1.4 billion, the minister said.