Istanbul in talks for metro funding as new mayor visits London - sources


  • World
  • Thursday, 14 Nov 2019

FILE PHOTO: Istanbul Mayor Ekrem Imamoglu speaks after being awarded with the German-Turkish Friendship Award 'Kybele 2019' in Berlin, Germany, November 8, 2019. REUTERS/Fabrizio Bensch

ANKARA (Reuters) - Istanbul is in talks to borrow in international markets to finance ongoing rail projects, two bankers with knowledge of the matter told Reuters on Thursday, as the city's new mayor kicked off meetings with investors in London.

Mayor Ekrem Imamoglu is on a three-day London visit to meet officials and investors and, according to the bankers, to consider financing options for underground metro and railway projects.

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