In addition to the new Istanbul Canal, it plans to establish a yacht port, two ports, a logistic support centre, and a recreation yard, which adds economic value to the region.

The new Istanbul Canal project has several benefits and positive impacts on a local and regional level. These are some of the potential benefits of the project:

• The project aims to reduce congestion in the Bosphorus Strait and provide an alternative and wide shipping lane for ships. The new canal will improve navigation and reduce waiting time for ships, increasing the efficiency of maritime transport and saving shipping costs.
  
• The new canal will reduce the pollution caused by many ships in the Bosphorus Strait to Istanbul.
  
• The Istanbul Canal project is expected to create new job opportunities and stimulate investment in the surrounding area. Increasing commercial and industrial activity will boost the Turkish economy.
  
• The project is part of Turkey's efforts to boost tourism and increase the number of visitors to Istanbul. The new canal will allow tourists to enjoy stunning landscapes and a unique experience while travelling through the water from the Sea of Marmara to the Black Sea.
  
• By providing an alternative shipping lane, the canal will contribute to reducing shipping accidents and increasing maritime security in the region. This will reduce potential environmental risks caused by oil and shipping accidents.
  
• The infrastructure and accompanying development of the canal project will lead to the development of the surrounding areas.
  
• Six bridges will be built over the canal to turn Istanbul into a city with two seas.
  

• The Istanbul Canal project will enhance Turkey's position in the waterways sector as a canal connecting the Sea of Marmara and the Black Sea on the European side of Istanbul. The project will also mitigate damages caused by ships carrying hazardous materials and remove random structures along the canal route.
  
• The opening of the Istanbul Canal will also reduce congestion, pollution and noise in the Bosphorus Strait, which will lead to an increase in the use of the strait for tourism and water sports, given its location as a tourist destination in the heart of the historical region. Istanbul and the built-up area next to the canal will be essential.
  
• The canal construction is of great importance to the real estate sector in Turkey; as the region receives unprecedented government attention, the real estate built next to the canal represents a high investment opportunity.
  
• Canal Istanbul is located next to the waterway that connects Istanbul Airport to the city center.
  
• The real estate will be close to three artificial islands built from the canal's ruins, one of which will be an opera house.
  
• The new canal will focus on commercial traffic and the Bosphorus Strait on tourism, so that the region will see a lot of commercial traffic.
  
• The property next to the canal offers a great view.
  
• The proximity of this canal to Istanbul Airport doubles its benefits.
  
• Support for shipping between the Black Sea and the Sea of Marmara.
  
• Facilitating the movement of oil tankers passing through the Bosphorus Strait, as the canal is planned to accommodate about 160 ships per day.
  

The Istanbul Canal project also aims to enhance Istanbul's role as a global centre for navigation and increase its commercial and economic capacity. The project is expected to provide important economic opportunities for trade and industry in the region.

The Istanbul Canal is planned to be longer and more profound than the Bosphorus, allowing large ships and supertankers to pass quickly. In addition, the canal will provide sustainable navigation and reduce the possibility of maritime accidents and their environmental impact.

This canal extends west of the country, connecting the Black Sea north and the Sea of Marmara south. It is 45 kilometers long, 25 meters deep, and about 400 meters wide; at some points, it reaches one kilometer.

The canal starts at Küçükçekmece, a natural lake in the Sea of Marmara to the west of Istanbul, and extends north to the Sazlidere Dam, the village of Çamler, and the Black Sea.

• The new canal can handle 137 cargo ships and 27 tankers weighing up to 150 tons.
  
• The canal will witness the construction of 6 bridges and a new city on both sides, including a conference hall, major commercial centers, and residential complexes.
  
• The state intends to build artificial islands from the excavation outputs of the canal.
  

• The Istanbul Canal project, from the point of view of the idea and the entire engineering, is local and national.
  
• The Istanbul Canal project is a vast and complex project that includes the construction of a canal with a length of 45 kilometers and a width of 400 meters, and it requires significant investments and careful planning.
  
• The primary purpose of the Istanbul Canal is to reduce the enormous marine traffic problem faced by the Bosphorus Strait.
  
• It will contribute to reducing the environmental risks to the Bosphorus Strait due to the passage of tankers that threaten marine life in the strait and its surrounding areas.
  
• Canal Istanbul will be operated on a one-way basis, 12 hours north and 12 hours south.
  
• 99% of ships passing through the Bosphorus Strait can pass through the new Istanbul Canal.
  
• The project provides an opportunity for many developments and assignments, as it is planned to build earthquake-safe cities with about 250,000 residences on both sides of Canal Road.
  

The Istanbul Canal project ends in 2027, according to the announced plans.

It is undeniable that the new Istanbul Canal project has a significant and tangible impact on the promotion of domestic and foreign investment because everyone started thinking of investing in the European side of Istanbul, which witnessed a big boom after the announcement of the canal project, which attracted the attention of real estate investors.

This witnessed many positive results, including:

• The increase in the value of lands and real estate located on the European side and close to the new Istanbul Canal.
  
• Increasing the region's economic value and significantly increasing profits and investment costs compared to the previous one.
  
• Together with the new airport project, part of the Turkey 2023 project, the new Istanbul Canal project makes the European part of Istanbul a real opportunity to increase real estate investment in the market.
  
• Many projects near Canal Istanbul are currently under construction, and their demand will increase. It is located near the new Istanbul Strait, similar to the Bosphorus Strait.
  
• The construction of the new Istanbul Canal will lead to significant infrastructure development in the surrounding area, such as roads, facilities and services. Real estate development projects may also be implemented to create new residential communities or commercial and entertainment centers. These projects provide opportunities for investment in the real estate and construction sectors.
  
• The project is expected to increase the demand for real estate in the area surrounding the canal. The increasing demand can lead to an increase in the value of land and real estate in the area, which makes investing in it attractive for investors.
  
• The new Istanbul Canal project can stimulate the growth of commercial and industrial activities in the region.
  
• The canal is an excellent opportunity for the real estate sector in the city. Even before the completion of this canal, real estate prices began to rise in Istanbul, especially in areas such as Bahcesehir, Basaksehir, Kucukcekmece, and Kayasehir.
  

Istanbul Canal is located within the boundaries of multiple municipalities with several distances, as follows:

• Arnavutkoy (28.6 km)
  
• Kucukcekmece (7 km)
  
• Basaksehir (6.5 km)
  
• Avcilar (3.1 km)