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
 
Turkey to build world’s largest airport  
24.01.2013

Sabah – Turkey has unveiled plans to build the world’s largest airport in Istanbul, the country’s largest city and an increasingly global hub for air transportation.


“The USD 7 billion project will create 80,000 jobs during its construction and 120,000 when operational.”, Turkey’s Minister of Transport and Communication, Binali Yildirim said at a press meeting, announcing the project’s tender date and specifications. “The winning bidder will have the right to operate the airport for 25 years.”, Yildirim said about the gigantic project.


To be tendered on the 3rd of May, the project will be contracted using the Build-Operate-Transfer (BOT) model. The airport’s first stage, with a capacity to handle 90 million air travelers, is scheduled to be completed after 42 months following the tender date. The passenger handling capacity will gradually increase to reach 150 million per year once all the terminal buildings are completed.


Istanbul’s third airport will also replace the current main hub, the Ataturk Airport, of Turkish Airlines (THY), to better serve one of the fastest growing airline companies in the world. THY carried 39 million passengers in 2012, up 19.6 percent from the previous year. Turkey’s flag carrier flies to more than 200 destinations in 90 countries, more than any other carrier.

26.07.2016 SOCAR to increase investments in Turkey after the recent coup attempt
21.07.2016 American companies have confidence in Turkey
21.07.2016 An informative note on the state of emergency and its impact on the Turkish economy
14.07.2016 Balance of payments and industrial production index for May announced
01.07.2016 Qatar-based beIN Media Group acquires Digiturk
01.07.2016 EBRD and IFC together will invest in Odeabank
01.07.2016 Bank of Bahrain & Kuwait opens a representative office in Istanbul
01.07.2016 TurkStat releases May 2016 foreign trade statistics
30.06.2016 Toyota to hire an additional 2,000 employees in Turkey
30.06.2016 IFC to invest in Akfen Energy
<<
1 2 3 4 5 6 7 8 9 10
>>