Turkey To Build $25 BILLION New Canal To Rival The Suez & Panama Canals | @TheB1M

    welcome back to sudit Media today we’re exploring a Monumental project set to transform Istanbul and its strategic significance the Istanbul Canal don’t forget to hit that subscribe button like this video and share it with your friends to support our Channel Istanbul a vibrant City straddling Europe and Asia has long been the heart of turkey its strategic position along the bosor straight connecting the Black Sea with the aan and Mediterranean Seas has made it a crucial economic and cultural hub for centuries however turkey is now planning a colossal new project to further enhance its strategic Advantage introducing Canal Istanbul a $25 billion artificial Waterway linking the Black Sea to the Sea of marmara this 28m long Canal will run parallel to the boss for straight significantly easing Maritime traffic congestion the canal will be 1,181 ft wide at the surface 900 ft wide at the bottom and 68 ft deep featuring six Bridges to maintain connectivity why does turkey need another Canal the boser strait is one of the world’s busiest Maritime passages with over 40,000 ships Crossing annually this congestion often causes delays and poses significant navigational hazards the new Canal aims to reduce this traffic ensuring a smoother and safer passage for ships the project also includes building p ports logistic centers and earthquake resistant residential areas the canal could generate up to $8 billion annually in Revenue however the project is not without controversy critics argue it could be an environmental catastrophe despite these concerns president erdogan asserts that the canal will be the most eco-friendly project in the world however the montro Convention of 1936 limits turkey’s ability to impose tolls or fees on these passages the new canal free from these restrictions could potentially offer a new Revenue stream and greater control over Maritime traffic ultimately the Istanbul Canal is poised to become a safer and more efficient alternative to the boser strait promising significant economic benefits while it faces challenges and opposition the Project’s long-term impact on global Maritime trade and Turkey’s economy could be substantial what do you think of the Istanbul Canal Project Share your thoughts in the comments below thanks for watching and don’t forget to subscribe for more fascinating insights from sud media see you in the next video

    Turkey’s ambitious $25 billion canal project is set to become a major rival to both the Suez Canal and the Panama Canal. This new Turkish canal will reshape global shipping routes and serve as a strategic waterway, showcasing Turkish engineering at its finest. As a significant infrastructure project, it promises to have a substantial economic impact and influence maritime trade. The geopolitical implications of this endeavor will be far-reaching, solidifying Turkey’s position in the world of global commerce and transportation.

    Turkey To Build $25 BILLION New Canal To Rival The Suez & Panama Canals

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