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.
21.07.2014 Goldman Sachs buys into Turkish Petkim’s Aegean port
17.07.2014 Ferrero acquires Turkish hazelnut producer
16.07.2014 Sumitomo Construction Machinery to reach the region via Turkey
15.07.2014 Turkey’s automotive industry to break new production record in 2014
11.07.2014 Istanbul among Europe’s top 3 tourist destinations – MasterCard survey
10.07.2014 Turkey to establish stronger trade, investment ties with S. Korea and Japan
08.07.2014 Foreign interest in Turkish banking market to continue - UniCredit chief
04.07.2014 New Turkish Airlines maintenance facility aims for the world’s top
03.07.2014 Ford commissions second engine test facility in Turkey
01.07.2014 Turkey’s exports increase by 6.6 percent in June
<<
1 2 3 4 5 6 7 8 9 10
>>