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What is the importance of Istanbul's canalimage

What is the importance of Istanbul's canal


What is the Istanbul's Canal Project?

Istanbul's Canal is a waterway project that extends from the Marmara Sea to the Black Sea on the European Side, designed as an alternative to the Bosphorus. The history of Istanbul's Canal project dates back to the Roman Empire period. The project of making an alternative canal to the Bosphorus was first proposed during the Roman Empire. Then it came to the agenda during the Ottoman Empire period but could not be implemented due to wars. Although similar projects have been proposed in the past, Istanbul Canal was first announced in 2011 by the Prime Minister of the time, Recep Tayyip Erdogan.

Istanbul Canal project, whose construction is planned to start in 2021, will start from Kucukcekmece Lake and end in Terkos. With the Istanbul Canal Project, which will pass through Kucukcekmece, Avcilar, Basaksehir, and Arnavutkoy district borders, the real estate values in these districts are expected to increase rapidly.

The Purpose of the Istanbul Canal Project

Istanbul Canal Project is first of all a transportation project and it is aimed to reduce the ship traffic on the Bosphorus with this project. Istanbul Canal is also an architectural, urban, and environmental project. The Istanbul Canal Project, whose main purpose is to reduce the traffic on the Bosphorus, it is aimed to strengthen the logistics and tourism sector, integrate it with big projects such as Istanbul Airport, and minimize the possible dangers in Bosphorus traffic.

Istanbul canal project

The Bosphorus is a natural waterway, through which approximately 43.000 ships pass through a year. However, in recent years, the increase in the size of the ships passing through the Bosphorus and the increase in their tonnage, and the increase of tankers carrying fuel and similar dangerous and toxic substances pose great pressure and threat to Istanbul. 100 years ago, while 3-4 thousand small ships of about 50 meters in length were passing through the Bosphorus, today, the number of ships passing by a year has reached 45-50 thousand and a length of approximately 350 meters. Considering all these, it has become necessary to plan an alternative waterway.

The following is aimed with the Istanbul Canal Project:

- Preserving the historical and cultural texture and ensuring its safety by minimizing the risk of accidents that may occur in the Bosphorus.

- Reducing maritime traffic and increasing safety in the Bosphorus

- Ensuring traffic safety in the Bosphorus

- Ensuring cruise safety

- Creation of a new waterway open to international maritime traffic

- Considering a possible earthquake, creating an earthquake-resistant modern residential area based on horizontal architecture

What is the Importance of Istanbul's Canal, the Project of the Century?

It is predicted that the Istanbul Canal project, one of the biggest projects of the century, will make serious contributions to the Turkish economy. Emphasizing that the importance of the Istanbul Canal is great for Turkey, Foreign Minister Mevlut Cavusoglu listed important details about the project.

What is the importance of the Istanbul Canal?

  1. Tanker traffic carrying dangerous goods/fuel will end in the Bosphorus

With the realization of the Istanbul Canal Project, it is planned that the Bosphorus Strait will be completely closed to tanker traffic.

  1. The density of the city will spread to the entire Marmara

In Istanbul, one of the largest metropolises in the world, the population in the dense areas of the settlement is expected to spread throughout the Marmara Region with the project.

  1. An employment gap of up to 15% will be closed with the Istanbul Canal Project

The President of the Republic of Turkey, Recep Tayyip Erdogan, announced that he envisions closing the employment gap of 15% with the Istanbul Canal Project, which is one of the biggest projects in the world.

  1. Istanbul's Canal Project will not burden the economy of the country, it will stimulate the markets

The Istanbul Canal Project is planned to be carried out by the "build-operate-transfer" method, not public expenditure. The opinion is expressed that doing so will not burden the economy of the country and will bring dynamism to the markets since it will be done through the consortium.

  1. There will be a fee for the passes for ships in Istanbul Canal

There will be a fee for the passes for ships in Istanbul Canal, which is planned to be built with the build-operate-transfer system. Thus, the project is expected to pay for itself in a short time.

  1. When the Istanbul Canal is completed, oil tankers will not be allowed to pass through the Bosphorus

The tankers passing through the Bosphorus threaten the Bosphorus and the historical texture of the city. When the project is completed, the Bosphorus will be closed to tanker crossings, and an important step will be taken to protect the city.

  1. Transit transportation and landscaping

Istanbul Canal, which will be linked to important transport routes such as Istanbul Airport and the Third Bosphorus Bridge, is important in terms of combining road transit transport with water transport. It is thought that the environment of the Istanbul Canal, which will be shaped by the new city architecture, will be an important source of wind energy.

  1. Two new and modern smart cities will be established

It is planned to establish two new earthquake-resistant modern smart cities based on horizontal architecture on both sides of the Istanbul Canal. The Minister of Environment and Urbanization, Murat Kurum, made the following statement about the smart cities to be built: “When Istanbul Canal is completed, will be the first project in which all smart city products and services applied in the world with its smart buildings, innovative environment, and infrastructure systems and transportation technologies are implemented in the same city at the same time."

  1. Ease of access to the Istanbul Canal

With the proximity of air, road, railways, and connection roads, easy access will be provided to the Istanbul Canal and its surroundings. After the project is implemented, the expansion of the surrounding residential areas will pave the way for easier transformation with the support of the transportation system.

  1. The route of the project and its surroundings will improve

The Istanbul Canal Project, which will pass through Avcilar, Kucukcekmece, Basaksehir, and Arnavutkoy districts, is expected to contribute to the development of these districts as well as surrounding districts such as Bagcilar, Bakirkoy, Esenler, and Eyup.

real estate investment in Istanbul

Istanbul Canal Project, which is planned to take the first steps in 2021 and take 7 years to build, is one of the biggest projects in the history of the Republic of Turkey. The minimum economic life of the Istanbul Canal, which is planned as an alternative waterway to the Bosphorus, is planned to be 100 years. Within the scope of the project, which will be approximately 45 km long, 7 highway bridges and 1 railway bridge will be constructed. A population of 500 thousand people is planned in the living areas to be established around the project, whose total area will be 26 thousand hectares.

If you are thinking of buying real estate Istanbul Canal around, which offers great investment advantages, you can contact the experienced and expert real estate consultants of Diyar Turk Real Estate. Diyar Turk Real Estate is always ready to serve with its pre-sales and after-sales services, and a 100% client satisfaction guarantee.

Please do not hesitate to ask any questions you may have. You can contact us via our website or e-mail address.

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