Turkey: Arkas will invest in railway development

Arkas Group_indexArkas Group recently agreed for a credit of USD 235 million. The loan will be used for new investments in railway and port. Ar-Gü, railway company of Arkas Group, is the biggest private railway company in Turkey with a fleet of 707 freight wagons. The company is expected to be one of the train operators after liberalization. Arkas also has plans for a private railway terminal in Izmit region.

Photo: www.argu.com.tr

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