According to Director General of State Airports Authority of
Turkey (DHMI) Orhan Birdal, the tender bid for the third airport
was the biggest in the history of the Republic of Turkey, and it
broke all the records. The winner of the bid for new Istanbul
airport was Limak/Cengiz/Kolin/Ma-Pa/Kalyon
Consortium, a joint venture of only local companies.
Requiring an investment of USD 10 billion, the giant air terminal
will underscore Istanbul's growing reputation as a global hub
for air travel. The passenger handling capacity will initially be
90 million people by 2017, following the completion of the first
phase. The airport will handle 150 million air travelers per year
when fully complete. For the construction and 25-year
lease of the third airport in Istanbul, the group
offered the highest bid of 22.152 billion euros, which is the
record price in the history of the country. Tender for the third
airport in Istanbul took place in Ankara's Esenboga
International Airport on May 3. Fifteen Turkish and two foreign
companies received approval for their technical capabilities to
build the third airport. The airport is expected to be the
world's largest with a capacity of 150 million passengers when
completed. According to some media reports the winning consortium
of Istanbul's third airport for 22.152 billion euros has secure
its funding resources. "We have no problem with
financing the third airport in Istanbul. Our negotiations to
guarantee funds started before the tender with many players and are
still continuing positively," Limak Holding
Chairman Nihat Özdemir told, one of the partners of the
consortium that won the tender. He also denied the allegation of
possible breach of competition rules as it engaged in both of
Istanbul's future air-ports. "Limak Holding
has about 40 percent of the Istanbul Sabiha Gökçen
(ISG) Inter-national Airport Company shares, which holds the
operational right of ISG. We will have the 20 percent of the new
airport. If we had acquired an already-built airport, we could have
breached the Competition Law, but we do not," he
mentioned. Earliar four companies including TAV, Makyol, IC/Fraport
and Limak/Cengiz/Kolin/Ma-Pa/Kalyon offered bids for the third
airport to be built in Istanbul. Turkish Ministry of Transport,
Maritime Affairs and Communications has invested 3.3 billion
dollars in the past ten years for the airports and air space.
Ataturk airport handled 37.3m
passengers last years. Till to date traffic has
increased up 21% this year. The number of
tourists arriving in Turkey has been arisen by 14
percent to much more than 117 million . Turkish tourism
revenue went beyond 1.030 billion US dollars, which was a 3.9
percent increase compared to the 927 billion US dollars figure from
the year prior. The construction of the Istanbul's third
airport is going to be conducted in four phases.
The first stage of construction is planned to be completed within
42 months after the tender contact is signed. The
new airport is expected to be open in 2018. The
guarantee about the number of passengers and
tariff levels has been provided for a certain
period of time by the state. The construction of the Istanbul's
third airport which is expected to cost over 10 billion euros will
consist of; A total of six runways, 16 taxiways, 88 passenger
bridges, 165 aircraft passenger bridges at all terminals and a 6.5
million-square-meter apron with capacity for 500 aircraft, among
other facilities, will also be build. This has been another
achievement of Ms.Funda OCAK, head of tender
commission, who is the guru of Turkish PPP Sector, particularly in
the Airports. She has grown the sector from the scratch, and made
the Turkish Airport sector an international brand. Turkish airports
has been awarded "The Best Airport of
Originally published April 2013
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