UAE, Turkey Discuss Rail Link in Race For Europe-Asia Trade Routes
- ADQ, Turkey in talks to build railway over Istanbul bridge
- Rival route backed by US and India driving infrastructure push
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Abu Dhabi wealth fund ADQ and Turkey are in talks to build a railway over Istanbul’s Bosphorus strait as part of a planned trade corridor linking Europe to the Middle East and Asia, according to Turkish officials familiar with the matter.
The railway would cross the Yavuz Sultan Selim suspension bridge, one of the longest and widest of its kind in the world, built for $3 billion under Turkish President Recep Tayyip Erdogan to link the city’s European and Asian sides.