Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the 4th Ministerial Summit within the framework of the memorandum signed with Turkey, Iraq, Qatar and the United Arab Emirates (UAE) regarding the Development Road Project will be held on August 29 at Dolmabahçe Palace.
Minister of Transport and Infrastructure Abdulkadir Uraloğlu reminded that a Memorandum of Understanding on Cooperation was signed between Turkey, Iraq, Qatar and the United Arab Emirates within the scope of the Development Road Project during the visit of President Recep Tayyip Erdoğan to Irak ⁇ a on 22 April 2024 with a written statement. Uraloğlu, ⁇ Qatar Minister of Transport Jassim Saif Ahmed Al Sulaiti, UAE Minister of Energy and Infrastructure Mohamed Al Mazrouei and Iraqi Minister of Transport Razzaq Muhaibis Al-Saadawi signed a Memorandum of Understanding on Joint Cooperation on the Development Path here, and we have established a 4 ⁇ Council of Ministers mechanism between our Turkey, Iraq, Qatar and UAE counterparts. After this memorandum of understanding, we are moving to a very important stage and we will hold the first 4 ⁇ Ministerial Summit for the Development Road ⁇ on August 29 at 14.00 ⁇ in Istanbul Dolmabahçe Palace ⁇ , he said.
⁇ TO CREATE AN EFFECTIVE TRADE CORRIDOR ⁇
Minister Uraloğlu noted that they will discuss all the details of the Development Road Project and take important decisions at the summit, as stated in the Memorandum of Understanding. Stating that the project will make very important contributions to Turkey's economic growth and regional development, Uraloğlu said that ⁇ Development Road will also support the sustainability of global trade by diversifying international trade corridors. Turkey will consolidate its economic and strategic advantages by creating a reliable and effective trade corridor between Asia and Europe.
⁇ WE WILL BE ABLE TO OFFER BRAND NEW OPTIONS TO TRANSPORTERS ⁇
Emphasizing that the loads to come through the Development Road can move in all directions through Turkey's transportation network and ports, Minister Uraloğlu said that thanks to ⁇ Koridor, we will be more strongly integrated into the logistics system in the world. We will also be able to offer carriers brand new options for freight transportation. We believe that the Development Road can also connect existing transport corridors and increase their current efficiency.
⁇ WANT TO RUN THE PROCESSES FAST ⁇
Uraloğlu noted that the works in Turkey are continuing rapidly within the scope of the Development Road, which starts from the FAV Port of Irak ⁇ ın and enters from Ovaköy ⁇ to Türkiye ⁇ , and the section of ⁇ Development Road ⁇ that passes through our country is approximately 1,592 kilometers between Kapıkule and Şanlıurfa. We plan to complete the road crossing of the project in Turkey by constructing a new highway with a length of 331 kilometers between Şanlıurfa-Ovaköy, which will serve between Şanlıurfa-Iraq border. We are building a new high speed train line between Halkalı and Kapıkule with a total length of 229 kilometers, with dual lines, electric and signal, which can transport both cargo and passengers. We aim to complete the 153-kilometer Çerkezköy-Kapıkule section of this line by the end of 2025. With the completion of the Halkalı-Kapıkule project; We aim to reduce the passenger travel time between Halkalı and Kapıkule from 4 hours to 1.5 hours and increase the existing line capacity by 4 times. We have also completed the projecting process of the railway that will pass through the Yavuz Sultan Selim Bridge. We want to carry out the relevant processes quickly ⁇ assessment was made.
