2023 investment in rail systems is planned to be $ 50 billion Transport and Related Services

Railways in Turkey and given priority to the development of rail transport system. Studies in this area have been accepted as a state policy. With the support of incentive laws, infrastructure and sectoral investments continue to increase. In line with these policies, freight and passenger transport by railways in Turkey, fast trains and municipal subway / tram car about 50 billion scheduled to be invested until 2023 for the rail system to meet their needs. The recent activity in rail systems indicates that there will be significant developments and that sectoral acceleration is moving upwards. Now its tram, produced the subway, we're talking from Turkey entered into a national effort to train and produce the high-speed train line. All these efforts also improve the industry and contribute to the economy.

12 thousand kilometers of high-speed railway line project in the sector, national rail network project for passenger and freight transport, 350 thousand and more than the city planned for cities with tram, LRV and metro systems, line automation and signalization work will grow market. City rail operations while Turkey is not yet done in 11 provinces, 17 provinces has been approved for more rail investment, project work began. TCDD has made an investment of 7.7 billion dollars in the last 11 years and a total investment of 50 billion dollars is envisaged until 2023. Target up to 2023; 3 thousand 500 kilometers High Speed ​​Train (YHT), 8 thousand 500 kilometers of high-speed train and a thousand kilometers, including the construction of a standard line to reach a total of 25 thousand kilometers. By 2023, it is aimed to increase the share of railways in passenger transportation by 10 percent and the share of freight transportation by more than 15 percent.

The Istanbul Metropolitan Municipality aims to increase its rail network to 450 kilometers by the end of this year. It has allocated a total of 35 billion liras of its 60-year-old budget, which has a nine-year budget, to transportation costs. Istanbul Metropolitan Municipality is also accelerating its activities for the use of domestic vehicles and equipment in rail systems. Izmir Metropolitan Municipality, rapidly expanding the rail network, Izban and Izmir metro lines, 35 percent of the public transportation journey is done by rail system. Carrying an average of 200 million people per year, the goal is to carry 500 million people. Bursa Metropolitan Municipality aims to increase transportation by rail systems in Bursa with local production tram and LRV purchases. Investments continue in other metropolitan municipalities.

One of the most important issues in rail systems is domestic production. With the promotion of domestic production; When the auctions are examined, a notable decline in vehicle prices will be observed. This is very important for closing the current account deficit and preventing foreign exchange outflows. Foreign investors also will keep investing in Turkey. The 51 percent localization rate is an indicator of production and investment in this country. The increase in legal obligations and control and localization rates in the tenders will increase the appetite of the firms in the sector and ensure their development. In the global rail market is about $ 1.8 trillion, Turkey is a country that can no longer be recognized as having the rail system and production technology.

Turkey, an investment center for railway equipment manufacturers

On the other hand, in order to strengthen the domestic industry, a domestic manufacturer's definition should be made in response to the 51 percent localization rate. We need to strengthen our domestic industry. Otherwise it is not possible to develop R & D, improve technology. Turkey does not have a problem in terms of quality and production industry. We're in a strategic zone. We are an investment center for railway equipment manufacturers who want to develop projects for Middle East-North Africa and Europe. Therefore, foreigners want to establish a partnership here. At this point, the definition of Türk domestic producer firm should be made in order to protect the domestic producer, and the weight of Turkish companies in capital structure should be introduced. In terms of the development of the domestic industry operating in the railway sector, RAYDER creates strategies and policies that meet these objectives; infrastructure, signalization, vehicle manufacturing industry in parallel with today's international conditions are working to develop.