Istanbul Canal Construction Expected To Kick Off In Late June - Turkish President
Sumaira FH 14 days ago Sun 30th May 2021 | 01:20 AM
ANKARA (UrduPoint News / Sputnik - 30th May, 2021) The opening ceremony of the construction of the Istanbul Canal bypassing the Bosphorus Strait is scheduled for the end of the next month, Turkish President Recep Tayyip Erdogan said on Saturday.
The Istanbul Canal project has been a longtime aspiration of Erdogan, as he was a mayor of the metropolis at some point. The $9.8-billion project seeks to construct a 28-mile canal linking the Black Sea to the Sea of Marmara to relieve shipping pressure off the Bosphorus.
"Sometime in late June, we will lay the first stone in the construction of the Istanbul Canal. Of course, some are concerned about this mega-project. But this will not stop us," Erdogan said during his speech in Istanbul, which was broadcast on Twitter.
According to the president, the implementation of the project will increase the strategic importance of the Turkish metropolis.
Turkish Environment and Urban Planning Minister Murat Kurum announced earlier that Ankara approved the plan for the construction of the Istanbul Canal. Erdogan stated that the Montreux Convention, which gives Turkey control over the Bosphorus and Dardanelles straits and regulates the transit of naval warships, would not apply to the projected Istanbul Canal.