The Ministry of Transport and Infrastructure General Directorate of Highways in Turkey has received six bids for Aydın-Denizli Motorway concession. The 163 km long motorway will connect cities of Aydin and Denizli. The works involve the construction of 140 km of highway and 23 km of connection roads. The concession will start from the Aydin Ring Road junction and will reach Yenipazar via Dalaman. The project will be procured on Build-Operate-Transfer (BOT) Model.
The construction period for the project is 3 years. Once implemented the travel time between two cities will be reduced by 1 hour.
The Ministry of Environment and Urbanization in Turkey has approved the environmental plan for the 45.2 km long Canal İstanbul project. The environmental plan engages 13,364-hectare la...
Read moreAstaldi S.p.A. (Astaldi) announced that it has finalized the sale to IC Ictas Sanayi ve Ticaret A.S. (Ictas) of its shares in the asset relating to the concession for the construction and management o...
Read moreEuropean Bank for Reconstruction and Development (EBRD) has loaned US$ 12 million to increase the capacity and to improve the efficiency of Turkey’s key trans-shipment hub Asyaport. The Internat...
Read moreEuropean Bank of Reconstruction and Development (EBRD) has issued a new loan US$ 17.5 million to the operator of Tekirdag port on the Sea of Marmara. ICBC Turkey is providing an equal loan. Ceyport T...
Read moreMersin port operator - Mersin Uluslararası Liman İşletmeciliği A.Ş. in Turkey has issued a bond to raise funds for operations and new investments. The US$ 600 million five year bond is backed by the E...
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