Turkey to spend up to $250 billion on transportation and electric facilities

Jan 18, 2013 12:00 AM

Turkey may spend up to $250 billion on transportation and power lines, Minister for Economy Zafer Caglayan said.

About $110 billion may be spent on railway projects and some $130 billion on electric facilities to increase their output from 57,000 MW to 114,000 MW.

The Turkish State Company for Electricity Transmission (TEIAS) said that production of electricity had increased by 5% in January-November 2012, compared with the same period in 2011, to 218.6 billion KWh. Consumption of electricity increased by 5.6% in January-November 2012, compared with the same period in 2011, to 220.9 billion KWh.

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