Invest News DetailThe New Anatolian - The last tender for "Dream Project" Marmaray will take place on February 12th, 2008 with the participation of five companies. The last tender will be made for 440 railway vehicles. South Korea's ROTEM, France's ALSTOM, Italy's Ansaldobreda SPA, Spain's CAF and a consortium of Canadian Bombardier, German Siemens and Turkish Nurol will bid for the tender. Marmaray project will link the European and Asian halves of Istanbul by an undersea rail tunnel across the Bosphorus strait. The project is nearly 13.5 kilometers long and the part of the project under water will be 1.5 kilometers. Marmaray also covers a metro line of 76.3 km which will be constructed from Halkali district in European side of Istanbul to Gebze in Anatolian side. Construction of the Marmaray project started in May 2004. Its completion, expected to occur in 2012, is projected to increase the fraction of trips in Istanbul made by rail transport from 3.6 percent to 27.7 percent. After completion, Istanbul's rail transport fraction will be third largest in the world, after Tokyo (60%) and New York City (31%).