Search and Filter Through Our Comprehensive Database of Ongoing Light Rail Transit Projects and Tenders in Turkey
Identify and track all the ongoing (work-in-progress) light rail transit projects, tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Turkey.
Turkey Light Rail Transit Industry Analysis
Turkey has been investing heavily in LRT projects in recent years, especially in major cities like Istanbul, Ankara, and Izmir. The country's government has been actively promoting the development of LRT networks as a sustainable means of transportation, with a focus on reducing traffic congestion and improving air quality.
One of the key players in Turkey's LRT industry is the Istanbul Metropolitan Municipality (IMM). The IMM has been working on several major LRT projects, including the Kabata?-Mecidiyek?y-Mahmutbey line, which is set to be the country's longest and most expensive LRT project, and the ?sk?dar-?mraniye-?ekmek?y-Sancaktepe line, which will connect several densely populated areas in Istanbul.
The Ankara Metropolitan Municipality is also investing heavily in LRT projects, with the construction of the Ke?i?ren Metro Line, the Sincan-Bat?kent Metro Line, and the Etlik City Hospital Metro Line.
In Izmir, the Izmir Metropolitan Municipality has been working on the construction of the Narl?dere Metro Line and the Buca Metro Line, both of which are set to significantly improve the city's public transportation infrastructure.
Industry Outlook:
The outlook for Turkey's LRT industry is promising, with several major projects underway or in the planning stages. The government's commitment to investing in sustainable transportation solutions, coupled with the growing need for efficient and reliable public transportation, are expected to drive continued growth in the industry.
According to a report by Research and Markets, Turkey's LRT market is expected to grow at a CAGR of 5.63% from 2020 to 2025. The report notes that factors such as urbanization, rising population, and the need for efficient and sustainable transportation systems are expected to drive demand for LRT projects in Turkey.
In addition, the Turkish government's ambitious plans for infrastructure development, including transportation projects, are expected to create significant opportunities for companies in the LRT industry.
Local Reference:
One of the most notable LRT projects currently underway in Turkey is the Kabata?-Mecidiyek?y-Mahmutbey line in Istanbul. Once completed, this 24-kilometer line will connect several densely populated areas in Istanbul and is expected to significantly improve the city's transportation infrastructure. The project has been funded in part by a loan from the European Investment Bank and is being implemented by the Istanbul Metropolitan Municipality.
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