Eurasian project tunnels through for long term funding

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Eurasian project tunnels through for long term funding

December 12, 2012 12:00 AM

Turkish tunnel operating joint venture Avrasya Tunelo Isletme Insaat ve Yatirim (Atas) has signed a $1.4bn 18 year export credit agency (ECA) and development bank financing facility to build a road tunnel under the Bosphorus Strait to link Europe and Asia.

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