Total bill of Turkey's 'mega projects' more than GDP of 130 countries

[Yuuki]

Total bill of Turkey's 'mega projects' more than GDP of 130 countries

03 June 2013 16:25 (Last updated 03 June 2013 16:26)
The fiscal size of 21 new projects in Turkey exceeds $138 billion

Ankara
The fiscal size of 21 new projects in Turkey, including an artificial waterway that would link the Black Sea with the Sea of Marmara and a third international airport for Istanbul is more than individual national incomes of 130 countries.

The total bill of the private and public sector projects that included Canal Istanbul, Marmaray under sea tube, Akkuyu and Sinop nuclear power plants, a third airport in Istanbul, a third bridge over the Bosphorus, a national attack helicopter and a main battle tank, is over $138 billion.

Moreover, the total cost of tyhose projects also exceeded combined gross domestic product (GDP) of 40 countries such as Macedonia, Maldives, Moldavia, Nigeria and Kyrgyzstan.

Total bill of Turkey's 'mega projects' more than GDP of 130 countries Anadolu Agency

 

[xyxmt]

there are two ways to look at these things, one is what you described the other one could be "total sum of all mega projects in Turkey is less than New York Budget"

 

[Yuuki]

there are two ways to look at these things, one is what you described the other one could be "total sum of all mega projects in Turkey is less than New York Budget"

(Reuters) - New York's Assembly passed the state's $135 billion budget for fiscal year 2013-2014 on Thursday just before midnight, the third budget in a row to be delivered on time in a state known for regularly being late.

New York state passes budget on time third year in a row | Reuters

 

[xyxmt]

(Reuters) - New York's Assembly passed the state's $135 billion budget for fiscal year 2013-2014 on Thursday just before midnight, the third budget in a row to be delivered on time in a state known for regularly being late.

New York state passes budget on time third year in a row | Reuters

hey I was just making an statement i wasnt even sure what is NY's budget but thanks for reaffirming it

 

[Thəorətic Muslim]

Many Istanbulis criticize the Canal Istanbul since it will sit on unstable earthquake prone land. Then theres the how much to charge ships who passed through, the Russians, who will end up using it the most, will pressed hard for very cheap rates.

 

[Bismarck]

Question is not, how much it's cost. How profitable are the projects, is the question.