🇹🇷🛣️ Unlocking New Horizons: Turkey Paves the Way with the Development Path Project! 🇹🇷🛣️
The "Development Road" project, a collaborative effort between Turkey, Iraq, Qatar, and the UAE, promises a transformative leap in the transportation sector. Initiated during President Erdoğan's visit to Baghdad, this project is poised to revolutionize logistics and slash costs significantly.
🚢 With transit transport time to Europe reduced to just 25 days, bypassing lengthy routes via the Suez Canal and Cape of Good Hope, quicker access to Europe is on the horizon.
💼 According to Bilgehan Engin, President of the International Transportation and Logistics Service Providers Association, this project will be a game-changer during global crises and will tackle economic challenges in the sector head-on.
📈 Anticipated benefits include increased trade volume with neighboring nations, boosted transit transport revenues, and a substantial reduction in logistic expenses.
💰 However, it's worth noting that this ambitious project comes with a hefty $17 billion price tag. With Turkey, Iraq, Qatar, and the UAE leading the charge, the investment promises long-term rewards that outweigh the initial cost.
