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BOT tender for Istanbul’s third airport to be finalized today

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It is reported that the tender for the build-operate-transfer project, will be carried out in four stages, and on a 25-year lease basis.

As informed by news sources the tender authority expects to receive 4 different bids for the tender.

It is also reported that the tender specification document has been bought by 17 companies (fifteen Turkish and two foreign) whereas only 4 groups have decided to participate and prepare bids.

The groups participating in the tender that is being held in Ankara are as follows;

TAV, IC-Fraport Consortium, Cengiz-Kolin-Limak-Mapa-Kalyon Consortium and Makyol İnşaat

Turkish Transport Minister Yıldırım is reported to have valued the tender at over than 7 billion euros ($9 billion).

It was announced earlier that the tender would be carried out in four stages on a 25-year lease basis, with the cooperation of the private and public sectors. It is also known that Turkey will guarantee the amount of passengers and tariff levels for a certain amount of time.

As for schedule, the first phase of construction is planned be completed in 2017. This initial capacity will be 90 million passengers a year.

In the second phase the capacity is expected to go up to 150 million passengers.

03.05.2013
SOURCE: MEDIA

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