Gebze-Orhangazi-Izmir Motorway

You are here

Project Highlights
Sector highways and roads
Country Turkey
Location Gebze-Orhangazi-Izmir
Type of Contract BOT Concession agreement
Total investment USD 6.4 billion
Customer Republic of Turkey, General Directorate of Highways
Contractor NOMAYG AO, 18.6% Astaldi held
Progress completed
Construction from 2013; to: 2016
Gebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir MotorwayGebze-Orhangazi-Izmir Motorway
Description

BOT Concession contract for design, build and operation of the Gebze-Orhangazi-Izmir Motorway, for a total of over 400km, including 40km of junctions and a landmark cable-stayed bridge of about 3km for crossing Izmit Bay (central span of 1,700m).

The contract also includes 152 million c.m. about of earthmoving, 30 viaducts and two bridges (for a total of 39.2km equal to 1.4 millions of s.m. of structures), tunnel at double ways (working face 124 s.m.), 7 service and parking areas.

Phase1, referred to the first 55kms, including the bridge over the Izmit Bay, is under construction.

Phase 1: under construction.

Investment: EUR 1.7 billion, of which EUR 314 million as Astaldi's share.

Concession revenues: EUR 8.5 billion, of which EUR 1.6 billion as Astaldi's share.

Operation start date: last quarter of 2016.

Phase 2: to be financed. 

Operation start date: last quarter of 2020.

Concession period: 22 years and 4 months, including 7 years for construction.

Minimum guaranteed: 52% of aggregate projected revenue.

Attachments and links