Turkey To Build $25 BILLION New Canal To Rival The Suez & Panama Canals
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- Опубликовано: 14 июл 2024
- Canal Istanbul- Turkey To Build $25 BILLION New Canal To Rival The Suez & Panama Canals
Istanbul is a lively and diverse city straddling Europe and Asia, with its strategic location along the renowned Bosphorus strait. This strait links the Black Sea with the Aegean and Mediterranean Seas, making it of utmost importance. However, Turkey is now seeking further strategic advantage, and is planning to construct another link. Turkey's leader recently announced the commencement of work on a colossal canal project which could completely bypass the Bosphorus Strait. So why is Turkey constructing another canal? And why is Turkey eager to spend a staggering $25 billion on this project? Today let’s delve into Turkey’s controversial plan to build a new canal.
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0:00 Intro
1:14 Introducing Canal Istanbul
3:12 Origins of the Project
4:08 Geopolitical Significance
5:40 Motivation behind the new canal
7:35 Controversies
9:02 Benefits of the Canal
9:54 A Safer & More Efficient Route
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Some people make it their life's work to complain about everything and everybody to stop progress.
Great decision ❤🎉
Seems a good idea on paper - it creates a lot of jobs and economic activities, pays for itself in no time. It makes sense to construct a new Dardanelles Straight too: shorter, wider, deeper and straighter. It could be passing close to Koruköy
Well done Turkey ..Build it asap.
Every country has the right to plan for it's future. Turkia and people of turkia have all the rights to build plan for their future economic goals. Good Luck Turkia.
In the first place, any major improvement in international maritime commerce is very positive for a variety of good reasons. Faster and safer water transport through difficult land bodies is positive in and of itself. Increased growth in worldwide economic progress demands the best of commercial communication and transport. Every major country should work to improve its own competitive position and enhancement of commercial and social benefits. I believe that a rising tide provides the opportunity for all of humanities 'boats' to benefit in a most positive manner. Therefore, I concur with Turkey's project plans and hope for the most positive outcome for all stakeholders. Thanks for this program. Bill K.
@user-xp4of2vu4r, faster and safer water transport with a huge price will only used by very important transports. To continue a global war between Turkey and Russian Federation. It was impossible that the Bosporus could be locked by a single accident with a ship, it’s never been like the Panama Canal or the Suez Canal.
Turkey has to borrow the money from the international finance market against a high interest. The inflation worldwide is rising, the rent will be at least 4%, resulting in a doubling of the loan each twenty years.
Since Erdogan came to power has he used cronyism to ensure that each development from the infrastructure from Turkey is embedded in a return on invest of 200% during the coming 100 years to his clan.
Take for instance Spain, they had those troubles 14 years ago when Italian investors covered all the desert Lands with sunpannels to gain electricity. They got such a profitable deal of the clan at Madrid, that all revenues from the entire country were not enough to keep the economy of Spain floating. The government decided after advice of the IMF to quit this system en bloc, and many retirement foundation went bankrupt. But it saved the future of Spain.
The same solution is necessary for Turkey.
Good idea. Apart from everything else this new waterway would not be subject to restrictions of the Montreux Convention.
No Montreux
Its a megalomaniac idea from a leader who brought his country into bankruptcy almost. Do you have shares in those companies?
the Montreux Convention. covers the Dardanelles
@@andrewdavis6012 So, when they finish the Istanbul canal, they'll get to work on the Dardanelles one. It's step by step.
@@zdzislawmeglicki2262 yeah it is called progress .... LNG ships is why , not a naval reason
This new canal will give Turkiye hard need it dollars ,if 10000 ships pay each 10000 dollar will generate 1 billion every year
bêdeng be
Formidable idea
Good luck
You have a lot of idiots who try to stop this project
interesting , and frankly $15 billion just for the canal seems a snip :-) Even if it took 10 years to break even :-)
Sadly , some lives and forests will be 'disrupted ' .
Can plants / move the trees .
Not only those, we have freshwater sources in there very beneficial Lakes plus rivers and undergroud water sources.
Devam. Reis devammm. 🙏
I don’t get it. Even with another canal (not constrained by the Montreux Convention) the bottleneck to the Med thru the Dardanelles remains.
Dardanelles is wider and straighter than Bosphorus, although there is one narrow kink in the waterway.The minimum width of Bosphorus is 750 m, the minimum width of Dardanelles is 1.2 km. Also, whereas Bosphorus cuts right through the centre of Istanbul, there are no great cities on the shores of Dardanelles.
Yola devam reis. 👍🙏
Nice Turkey❤
Turkey wants all sorts of mega projects. Except it has no money. However, dream is free.😂😂😂😂
Why not widen the existing canal it will work out much cheaper than new one.
Say NO to ai robot voice videos !😂
Not a big deal, the black sea isn't as significant as suez or panama canals for world shipping.
Not shipping wise . But by not being bound to the Montreaux agreement would make it valuable military wise
Interesting that a Ford class carrier (forbidden from the Bosporous under the Montreaux Treaty) will just fit through this canal
Setiap suatu hal yang besar sering kali memerlukan waktu dan momentum yang tepat baru bisa dilaksanakan, dan saat ini adalah momentum yang tepat bagi Turkiye untuk SEGERA mewujutkanya.
Waktu dan momentum yang belum tentu bisa terjadi dalam 100 tahun.. God bless Turkiye.. 👏👏
Translation please?
No, I am from Turkey and public doesn't want that. It is so risky and If you look at the election which that, this project was kind of clause of election and the main party lost
Did they shut down the excavation sites at Gobekli Tepe? I don't know for sure. I've heard things.
which 'public' you talking about?
The main problem that force Turkey create this channel is because bosporus strait is tie by international agreement including military use.
i've seen for different places where they are planning to build canals in the Middle East, but they will never talk about the one that they've been planning to build through Gaza for years now.
❤🇹🇷
The Manchester Ship Canal runs 30 miles and was built in the 1890s
build it....
The Future is inevitable ....so take the financial plunge .. Make sure to build it right the first time.!!!!..great achievement will and do make great accomplishment for humanity....history has proven....
The GDP of Turkey is growing. Technology wise Turkey is rapidly developing but the value of its lira has been falling. 🤔
That's absolutely non sens, how is this canal going to rival Suez and Panama canals?
✨️✅️✅️✅️☁️
Given the occurrence of earthquakes in Turkey, is anyone asking how susceptible the planned canal will be to earthquakes.
40,000 ships a yr Canal takes 4,400. So it ain't about capacity.
Follow the money
Turkey can deny military ship access to old waterway leaving only the new canal & can then change literally anything they want of US EU other warships. Russia of course can bring in warships via its rivers & canals as it's done during war.
At the same time this is Russia prime oil access to markets. Otherwise it's the North Sea which is at the least problematic in winter. So Turkey can charge vast $ by simply saying hazardous ships banned from heavily populated old passage.
Turkey can also rig the prioritization of ships using old way. Got a Chinese ship w 20,000 containers, tell them wait a month or pay up. At Panama canal there's an auction daily for limited skip the line spots. If you have a car carrier 5 million on a 70 million cargo & having ship tied up a month is a reasonable fee & 20x the standard cost.
So KA CHING Turkey
When people makes dreams....God laugh !
From Germany Vijayan Singaraj
World 🌍 Important projects
Welcome Turkey
Great idea!
Who opposes and criticizes!
Russia is not greedy!
Overreactions!
Firstly, this is a purely Turkish affair. In addition, the old bottlenecks are no longer suitable for the high frequencies, huge ships and their dangerous loads. An accident in the Bosporus would bring the megacity of Istanbul into the greatest calamities. Conclusion: This structure makes sense and will bring Turkey into a new economic situation. who can have anything against it? Only those who want to oppose it for strategic reasons (USA?)
What do you know about it? First of all canal will not be happening because erdogan dictatorship is about to end. Canal will be only 20 mt deep at the depest point most of the canal will be only 12 mt deep. it is not suitable for big cargo ships. Canal is America's dream for last 70 years because of the Montreux convention. Black sea is the only sea that America cannot base a naval fleet. That's why it's the most peaceful sea on the planet. By the convention foreign countries cannot pass their navy ships trough the Bosphorus straight if the ships above certain tonnage, with certain weapons and cannot stay in the Black sea more than 21 days.
go ask chatgpt why scientists are against canal istanbul project.
@@demogorgon4244
Dont need an AI to inform me whats good for a mega city. If you have a functioning brain this is a logical step for Istanbul.
@@oguzhan9424 cause all mega cities do have huge artifical canals, right? big brain! who cares about environmental issues it will cause? who cares the floods it will cause? who cares salinity levels? who cares ecological balance between black sea and marmara sea?
remind me, how many people died because of rickety houses recently in turkey? 50,000 official number, everyone saying 100,000. where's the mega project to fix the coffins instead of canal instanbul? oooh, but that wouldn't fill erdogan's pockets, would it?
@@oguzhan9424 where's the mega project to fix economy? mega wouldn't cut it though. it has to be a magical project. because nobody trust erdogan. one day dude can wake up and say i wrote the book of economy and apply some other verse from quran and boom %200 more inflation and you dimwits would vote for him again after he runs a 1 week propaganda how everyone against him is a terrorist.
The commentator (American of course) makes big assumptions that Russia would be unilaterally opposed to the project, and that American warships would now get uninhibited access to the Black Sea.
the commentator is an AI bot
Türkiye no longer carries out big projects. Instead, it carries out medium and small-scale projects. Additionally, many planned public investments were stopped due to the economic crisis. I think these are the wrong choices. If investments stop, the economy will get worse. Anyway, when it comes to the Canal Istanbul Project, money is needed to do it. And just money is not enough, there must be political power. To prevail over the opposition inside and outside. Most people think that the Canal will harm Istanbul. I think the Canal should be built, but only after all the risks are calculated. If the canal is built, trade can grow several times, and Istanbul can grow 3 times. This is a good thing. Agricultural land in the region creates little added value. But if the canal is built, a lot of money will be earned from maritime trade and shipping services. And there will be new places to visit. There is already a lot of agricultural land in Anatolia and Thrace. As for water loss, it is a problem that can be solved with new pipelines and savings investments. There is also the tunnel problem. It is said that there are tunnels reaching Istanbul from the area where the Canal is located. Also, is the soil durable enough to retain water?
If it is deemed appropriate as a result of the reports, I am in favor of doing it. There are more than 10 such projects in the world. I hope all channel projects are realized. Canals are new highways.
I also dream of the Van Bridge in my country. This will connect Van and the Northern provinces via the Lake. It will reduce the distance by 2 times.
Its a very silly and wasteful idea. Look at it. It’s just the Black Sea! That’s all. Surrounded by *land powers* with rail links to the great markets of Europe, Russia and Asia. You already have a strait. Just make it better. Projects like this is just corruption.
Undermines russia gets a 👍🏾 from me.
great idea , naysayers just jealous
I m nobody . But I believe this is an important canal for every one ,. Csnt wait for this canal to be operative . Environment??? What rubbish these commentators know ? It free up the seas can improve positively on Marine life .
They are building it to their own good. Not to rival the Suez and Panama canals. Please respect other people's intentions and don't add your own interpretations to their works.
It should be clear to see that Turkey was encouraged & probably helped to undertake this project in order to be a partner in BRICS+. As many BRICS+ members are developing canals like this all over the world to thwart US-NATO from blocking strategic shipping routes such as the Malaca Straits, (Thailand canal), the Panama canal alternatives include a southern and Northern canal system through South America and a canal through Mexico. Afgahanistan is building a massive canal that was started many years ago and has been restarted with the encouragement and aid of Russia. all these canals combined are probaly costing less than NATO costs in the Ukraine conflict, but will reap benefits for all concerned for at least a century. showing the difference between the Western Approach to acquiring short term gains for a few corporations & Oligarchs, at horrendous costs for all concerned and the BRICS+ approach of undertaking huge projects that will reap massive benefits for the long term, for all concerned.
Turkey has no other option..INSTC connecting Moscow and Mumbai.IMEC corridor connecting Mumbai with Europe Bypassing Turkey.. China's land route to Europe etc..are killing Turkey's revenue..
😢😢😢 it’s been cancelled
Erdogan building the Rome of future. He want to build an island by this project to devide constantinople for the catholic Rome. This message is for the future.
Not3 to do with Swez
Every few years people talk about how they're going to build a new canal to take away from the Suez. It sounds great. Shit. It would even be awesome for every party involved. But the reality is, the amount of people it takes to build. Something like this is calculated in hundreds and hundreds of deaths. There's a reason why all these countries use pows to build rail lines and dig mega projects. Just ask the people of Russia who built the canal for Stalin, and then it turns out the canal was like 5 ft too shallow....... All this sounds great but the reality is it's not simple
Any competition to the Suez would be a very good thing for a number of reasons. I'm sure Egypt would not agree with that, but to bad.
Turkish internal Act to earn more Money for quicker Passage than Bospurus (good for Istanbul and Touristic). And its not " Rival" to Suez: Black Sea is not Red Sea ,dear highly educated Americans!
Erdoğan is a genius economist, if he says the cannel makes Istanbul rich, I am sure it will 😂
This is very important project for Türkiye ❤
First How he is going the money for that? I am interesting to know!
He cannot, because his dictatorship is about to end and most of the people are against the canal and new government will not proceed with it. It's actually complicated, it's not just about opening a canal. This canal is America's dream for last 100 years to bypass the Montreux convention so they can bring the war ships into the Black Sea. By the convention there is a weight limit and day limit for the foreign war ships who wants to pass the Bosphorus straight to stay in Black Sea.
press money, don't give a dang if inflation increase %200 more. as long as you don't care abouy common folk as a dictator, you can do anything.
He developed the country he is capable
@@alisencelebi4743
Everyone who talks about dictatorship in Turkiye is talking bullshit. So yes your comment is bullshit too!
Its projected that Canal Istanbul will make at least 1 billion dollar annually and will create +10.000 jobs. So yeah you do the math.
Turkiye
Turkey 🦃
Yeah, that idea is great but the Black Sea doesn't have the traffic that the Suez Canal has.
I want video about australia please ❤❤❤❤❤❤❤❤❤❤❤❤❤❤
what about ?
Not a Good Idea.
Disapproved!
Better construct another Tall Suspension Bridge to get with the Traffic across the Canal.
25 Billion Dollars is Insane!
Better get with the High Speed Rail Project with the Undersea Tunnel Project.
Better get with Airports.
Better get with Utilities.
Better get with Underground Electrification.
Better get with Water Treatment Plants.
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It will be a PPP project. That means that the government will not pay a dime for this construction. Private companies will built it- operate it- pay taxes- maintained it- and transfer it free of charge to the government after 15 years of operation.
When this canal is built the government will say to the ships using the Bosporus strait that they will have to wait and limit the amount of ship passing. No ship would want to wait even if it is free so they will take this new route
Hehe Adam Something called this channel a “slop factory”, ugh when will people decide to choose media literacy over this nonsense? Watch adam something if you actually care about accuracy
The public is against this project and it doesnt start ! we wont let them do
which 'public' are you talking about? It is a great project for the benefit of Turkey
Indian politics only Hindu Muslim 🎉🎉
this guy... showing Fatih Sultan Mehmet, the conqueror of constantinople as bzynatines 0:22
This area should be given to Greece!
Why not, we should live together. I like Greek ladies 😊
You should pray we let greece exist today
It will not happen.
cry about it greek
The canal will be done. People who are against it are all people who have voted for a mayor who was on holiday during an earthquake, used the municipality’s equipment for personal preferences, and builds cash money towers to buy personal and political related stuff. Being stupid, acting stupid and shouting that its good to be stupid is a common thing whitin the opposition. Think about it, an opposition mayor said he would do absolutely nothing if he was going to be elected, he presented no project, had no vision, said he would sit on his chair for the duration of his tenure and guess what, he got elected just to sting people who are willing to work! This happened in an suburb of Ankara, who already had a mayor linked to the opposition. And guess what, since he was elected 6 years ago everytime when it rains the streets turns into rivers, people litterally die but yet these woke people still applaud and chant their name whenever possible. Stupidity is a real thing in Turkiye, letting underaged kids drink beer is according to the opposition, who try to cancel this canal, modernity. Underaged kids have tattoo’s in Turkiye and its all because of this redicilous opposition, because they name it freedom.
It is not going to be build it is a dead project.
Wow bankrupt an poor country
18th in GDP, 11th in PPP…
@@oguzhan942417 th in gdp
@@oguzhan9424 big countries generate big gdp but that doesn't mean anything as that's not a representation of the people and the living conditions at all.
and then you are straight up lying about ppp. turkey is like 50th.
freaking aktroll.
@@demogorgon4244
Im talking about GDP idiot, not GDP per capita! Learn to understand what you read before you comment, and if you have that tiny amount of brain look up for facts before you write down something! I know that GDP does not represents how people are living correctly, a better indicator is the PPP, at which Turkiye stands at 11th place (below France, above Italy). The wound you have must be major!
@@demogorgon4244
It hurts you right? Turkiye is 18th with GDP and 11th with PPP (below France and above Italy). I wrote an excellent reply to you but RUclips decides to block that because it may hurt your feelings!
hahahah excuse me arabs, if you invested in these areas by buying lands, you lost moneys :D :D this project will never allowed!
Says a woke idiot with 80 iq
... nice greek commentor
They should ask their Russian friends for money lmao😂😂😂
Istanbul yo zet up a giant busbat yo transfer renewable power form asiaa, sndAfrica to Europe
Setiap suatu hal yang besar sering kali memerlukan waktu dan momentum yang tepat baru bisa dilaksanakan, dan saat ini adalah momentum yang tepat bagi Turkiye untuk SEGERA mewujutkanya.
Waktu dan momentum yang belum tentu bisa terjadi dalam 100 tahun.. God bless Turkiye.. 👏👏