Istanbul airport tender receives applications from 16 firms

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Balkans reported that the tender for the third airport to be built in Istanbul has received applications from 16 firms that have paid TRL 100,000 to obtain the specifications.

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The country is planning to build a third airport in Istanbul and issued a tender for a 25 year build, operate and transfer contract at the end of January which is already attracting a lot of interest from foreign construction firms.

Leading firms such as Sabancı Holding, TAV, Alarko Holding, Varyap, Limak and Doğuş Holding have previously declared their interest in the tender. However some firms are seeking partners to participate in the tender as a joint venture.

The General Directorate of State Airports Authority said the sale of the specifications began January 28 but the participants which include both local and foreign firms would not be made public until the tender date.

The project is expected to cost more than USD5bn. The first phase of construction is set to be completed in 2017 and will provide an initial capacity of 90 million passengers a year. Once all six of the planned runways are complete, the capacity then has the potential to increase to 150 million passengers.

The new airport is also set to be supported by a number of other infrastructure plans in Istanbul including the construction of a new rail line to the airport.

Source – Balkans

(www.steelguru.com)

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