The new waterway, that has been named by PM as the 'crazy project', is intended to be built in order to bypass the heavily congested Bosphorus Strait. Mr Erdoğan announced that the 150-m-wide "Canal İstanbul" would link the Black Sea to the Sea of Marmara which opens to the Aegean Sea via the Dardanelles. According to the PM Erdoğans the canal, which was described by him one of the greatest projects of the century, would be about 45-km-long, leaving the location of the project as another mystery.
The waterway would have a depth of about 25-m, and would afford the daily passage of up to 160 vessels. Canal İstanbul, whose cost has not yet been d, is planned to be finished by 2023. The project will transform İstanbul into a city of two peninsulas and an island.
"One of the main objectives is to reduce traffic through the Bosphorus, and minimise the environmental threat," said PM Erdoğan during his speech, which was done in İstanbul on Wednesday.
(Rep-Cam: Pınar ÇITAK KOYGUN-Özgür ARSLAN İSTANBUL / DHA)