Turkey Constructs New $25 Billion Canal to Compete with the Suez and Panama Canals

Written by Bruno Teles

Published on 29/06/2024 at 16:05

A Turquia iniciou a construção de um novo canal que custará US$ 25 bilhões. Este canal pretende rivalizar com os famosos canais de Suez e Panamá, prometendo transformar o transporte marítimo global. Imagem: Pedreiro na Construção/Divulgação

Seja o primeiro a reagir!

Turkey Has Started Construction of a New Canal That Will Cost US$ 25 Billion. This Canal Aims to Compete With the Famous Suez and Panama Canals, Promising to Transform Global Maritime Transport.

Istanbul, a vibrant city that connects Europe and Asia, is the economic, cultural, and historical heart of Turkey. Now, Turkey is constructing a new canal that aims to further strengthen this strategic position.

Turkey has begun construction of a US$ 25 billion canal to rival the Suez and Panama canals. This ambitious project aims to improve maritime transport and bring significant economic benefits to the country.

The Istanbul Canal Construction Project

https://www.youtube.com/watch?v=hmupvs3jz9I&t=85s&ab_channel=PedreironaConstru%C3%A7%C3%A3o

The Istanbul Canal is a grand project by Turkey involving the construction of an artificial waterway at sea level on the eastern side of Istanbul. This new canal will connect the Black Sea to the Sea of Marmara, and then to the Aegean and Mediterranean Seas. With a length of 45 kilometers, a depth of 21 meters, and a width of up to 360 meters at the surface, the canal will provide an alternative to the Bosphorus Strait, which is already overcrowded.

ARTICLE CONTINUES BELOW

Economic Benefits

The Istanbul Canal project will have an estimated cost of US$ 25 billion, including US$ 15 billion for the construction of the canal and US$ 10 billion for the development of the surrounding areas. The expectation is that the canal will generate up to US$ 8 billion in annual profits, becoming a major economic engine for Turkey.

In addition to the canal itself, the project includes the construction of several ports, logistics centers, and earthquake-resistant residential areas. Artificial islands will be created with the excavated soil from the canal, and six bridges will connect the canal to the European side of Istanbul.

Concerns and Criticism

Despite the expected economic benefits, the project faces criticism. Environmentalists warn of potential ecological disasters, such as changes in water flow between the Sea of Marmara and the Black Sea, which may affect ecosystems and cause salinity issues. Construction may damage forests, agricultural land, and recreational areas, as well as contaminate groundwater and increase flood risks.

The idea of constructing a canal in Istanbul is not new. It dates back to the 16th century when the Ottoman Sultan Suleiman proposed the construction. Several attempts have been made over the centuries, but all failed due to a lack of feasibility. Only in March 2021 did the Turkish government finally approve the canal’s development, starting its construction.

Controlling the Bosphorus Strait and the Dardanelles Strait, Turkey has a strategic point for global trade. However, the country faces limitations imposed by the Montreux Convention of 1936, which restricts the collection of passage fees and guarantees the free passage of commercial vessels in times of peace and war. The new canal will allow Turkey to charge tariffs and impose security inspections, offering greater control and potentially higher revenues.

The construction of the new US$ 25 billion canal is an ambitious undertaking that could transform Turkey’s economy and infrastructure. Despite environmental concerns and criticism, the Istanbul Canal promises to alleviate the pressure on the Bosphorus Strait and bring significant economic benefits. The future of global maritime transport may be about to change, with Turkey positioning itself as an important player in this scenario.

1 Comentário

Mais recente

Mais antigos Mais votado

Feedbacks

Visualizar todos comentários

Adnen Rajab

#17959

01/07/2024 21:44

Mais uma obra tocada pela Turquia em associação com a China. E viva a China.

Responder

Turkey Constructs New $25 Billion Canal to Compete with the Suez and Panama Canals

Turkey Has Started Construction of a New Canal That Will Cost US$ 25 Billion. This Canal Aims to Compete With the Famous Suez and Panama Canals, Promising to Transform Global Maritime Transport.

The Istanbul Canal Construction Project

Economic Benefits

Concerns and Criticism

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

A producer from Santa Catarina started with a poultry farm of just 7,500 birds in 1994 and three decades later manages 21 farms thanks to a simple strategy he learned early on.

China wants to eliminate diesel trucks, betting on electric models that can cut oil consumption by up to 50%, reduce pollution, and change cargo transportation worldwide.

Melting ice is altering the planet’s weather, days are getting longer, Earth’s rotation is slowing down, and scientists are pointing to a phenomenon not seen in millions of years.

More than €600,000 in gold hidden in pots and an “invisible” safe inside an old house turns a small French town into the stage for a discovery that reveals how entire fortunes can remain buried for decades without anyone noticing.

Japan enters the war with the Terra A1 drone priced at $2,000 and turns the math against Putin by taking down swarms of Iranian drones for a fraction of the cost.

Scientists made electrons flow like a frictionless liquid within graphene — the result violated a law of physics that had been in place for over a century by 200 times…

Turkey Constructs New $25 Billion Canal to Compete with the Suez and Panama Canals

Turkey Has Started Construction of a New Canal That Will Cost US$ 25 Billion. This Canal Aims to Compete With the Famous Suez and Panama Canals, Promising to Transform Global Maritime Transport.

The Istanbul Canal Construction Project

Economic Benefits

Concerns and Criticism

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

A producer from Santa Catarina started with a poultry farm of just 7,500 birds in 1994 and three decades later manages 21 farms thanks to a simple strategy he learned early on.

With 635 km, 441 stations, and driverless lines, the Shenzhen metro grows by 30 km per year and becomes a futuristic showcase that costs less than in the West.

With 250 meters and 55 floors, the Mohammed VI Tower becomes a new icon of Rabat, housing Waldorf Astoria and an observation deck, investing in solar energy, and already dividing UNESCO’s opinions on the historical landscape.

While in Brazil Ferrogrão has been waiting for 40 years, China has drilled through 19 seismic faults and dug a 34 km tunnel under mountains to build the world’s most difficult railway in 14 years…

While deserts are seen as unproductive areas, Morocco built the Noor Ouarzazate solar complex, one of the largest in the world, capable of supplying millions of people using only solar energy.

End of the common gutter: Japanese system with metal chains replaces pipes, transforms rain into a decorative waterfall, and also reduces costs and clogs in installation.

China wants to eliminate diesel trucks, betting on electric models that can cut oil consumption by up to 50%, reduce pollution, and change cargo transportation worldwide.

Melting ice is altering the planet’s weather, days are getting longer, Earth’s rotation is slowing down, and scientists are pointing to a phenomenon not seen in millions of years.

More than €600,000 in gold hidden in pots and an “invisible” safe inside an old house turns a small French town into the stage for a discovery that reveals how entire fortunes can remain buried for decades without anyone noticing.

Japan enters the war with the Terra A1 drone priced at $2,000 and turns the math against Putin by taking down swarms of Iranian drones for a fraction of the cost.

Scientists made electrons flow like a frictionless liquid within graphene — the result violated a law of physics that had been in place for over a century by 200 times…