Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Countdown begins for Turkey’s gigantic infrastructure and privatization projects 
19.03.2012

Dünya - Tenders for two of Turkey’s largest infrastructure and privatization projects—the building of a third bridge over the Istanbul Strait and transfer of operating rights of 2,236 km-long highways—are expected to kick off in the coming months.

The final application date for the preliminary qualification regarding the highway and bridges privatization and the final bidding for the building of the third bridge over the Bosphorus is to take place on the same day, April 5.

The bridges and highways that will be privatized as a single package include; the two bridges over the Bosphorus with their ring motorways, the Edirne-İstanbul-Ankara Motorway, the Pozantı-Tarsus-Mersin Motorway, the Tarsus-Adana-Gaziantep Motorway, the Toprakkale-İskenderun Motorway, the Gaziantep-Şanlıurfa Motorway, the İzmir-Çeşme Motorway, the İzmir-Aydın Motorway and the İzmir and Ankara Ring Motorways, the final bidding date being May 17.

The highway privatization is one of the largest sales of public assets in Turkey to date, with at least 20 companies having expressed interest. The deal for the transfer of operating rights of Turkey’s busiest toll roads and bridges for 25 years may reach as high as USD 6 billion, according to an earlier report by weekly Bloomberg Businessweek. Europe’s biggest building company, Italian Vinci SA, toll specialist, Autostrade per l’Italia SpA, and Malaysian engineering group, UEM Berhad, are among the expected bidders.

The building of a third bridge over the Bosphorus as part of the North Marmara Highway project is to be put to tender again after the initial size of the project was scaled down to around USD 2.5 billion from the original USD 6 billion.
27.01.2015 Foreign real estate buyers flock to Antalya, Istanbul
22.01.2015 Turkey stands out with its investment appeal – ISPAT President
20.01.2015 Turkish Prime Minister & finance officials on UK visit
15.01.2015 Turkish-Spanish companies team up for Turkey’s high-speed train projects
14.01.2015 Turkey’s auto production & exports to hit record levels in 2015
06.01.2015 Toyota to up capacity in Turkish plant, plans to add third model
05.01.2015 Turkish-Japanese JV breaks ground for the USD 500 million steel plant
05.01.2015 Turkey’s exports reach record high in 2014
26.12.2014 Property sales to foreigners up 59 percent in 11 months
26.12.2014 Turkey’s mining sector sees a steep increase in FDI
<<
1 2 3 4 5 6 7 8 9 10
>>