Global Opportunities

Turkey: Opportunities for Swiss SMEs in highway infrastructure project

Global Opportunities: New highway project connecting Istanbul to Aegean region. The Turkish government has started to canvass public opinion regarding a major new highway project connecting Istanbul to the northern Aegean region.

Turkey: Opportunities for Swiss SMEs in highway infrastructure project

Prime Minister Binali Yıldırım said that the foundation of the multibillion project will be laid on March 18, 2017. 

The toll fee for the bridge will be 15 euros plus value added tax, the prime minister told journalists, adding that the plan was to complete the project in 2023.

The Kınalı-Tekirdağ-Çanakkale-Savaştepe Highway is planned to connect Istanbul with the Aegean province of Balıkesir through a bridge over Çanakkale, which will be dubbed “Gallipoli (Çanakkale) 1915 Bridge” in honor of the Ottoman victory in the battle of Gallipoli. The highway section is expected to cost around 9.9 billion Turkish Liras ($3.2 billion) and the bridge is expected to cost around 15 billion liras ($5 billion), senior officials said, adding that the environmental impact assessment report of the project has already been accepted by the related commissions.

BASIC FACTS

Region: Turkey
Industry: Construction
Time: 2016-2023
Project volume: n/a

Citizens will now be able to submit their recommendations and views to the Istanbul Environment and Urban Affairs Directorate or the Ministry of Environment and Urbanization. 

The highway will be 324-km long in total, excluding the bridge, which will be built upon a build-operate-transfer (BOT) model. 

Tender ‘to be launched soon’

Transportation Minister Ahmet Arslan said a 3.6 km-long crossing tender for the bridge will be launched soon, daily Habertürk reported. 

Arslan had earlier said the project is planned to be comprised of 31 viaducts, five tunnels, 30 crossover roads, and 143 underpasses and overpasses in total.

If you are interested in receiving more information about this topic, please contact the Swiss Business Hub Turkey to learn how you can benefit from these opportunities.

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