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Infrastructure/PPP news in Turkey

MegaProject 1226: US$2.8 billion financing for bridge-highway project in Turkey

MegaProject 1226: US$2.8 billion financing for bridge-highway project in Turkey

🕔Mar 21, 2018

Çanakkale Otoyol, the owner of the 1915 Çanakkale Bridge and Highway project, has announced that it has secured EUR2.3 billion (US$2.83 billion) financing from a consortia of 24 banks and institutions from ten countries. The project involves the construction of the longest suspension bridge in the world in north-west Turkey. The total estimated value is EUR3.1 billion (US$3.85 billion).

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TAV Airports to operate Antalya Airport alongside Fraport

TAV Airports to operate Antalya Airport alongside Fraport

🕔Mar 12, 2018

TAV Airports has announced that it is buying IC İçtaş' 49% stake in ICF Antalya, the joint venture that manages Antalya Airport. Located on the south-west coast of Turkey, 13km north-east of the city centre of Antalya, the airport is the second biggest in the country in terms of international passenger traffic, having served more than 26 million passengers in 2017.

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Turkey announces route for canal PPP

Turkey announces route for canal PPP

🕔Feb 1, 2018

The Government of Turkey has announced the route for a canal to be developed through a public-private partnership. The 45-km Kanal Istanbul will link the Black Sea and the Sea of Marmara west of the Bosphorus, running from the Durusu region on Istanbul's Black Sea coast to Kucukcekmece Lake on the Sea of Marmara.

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MegaProject 1078: EUR715 million financial close for medical research centre in Ankara

MegaProject 1078: EUR715 million financial close for medical research centre in Ankara

🕔Jan 4, 2018

CCN Yatırım Holding Anonim Şirketi has achieved financial close of its contract to finance the design, construction, operation and maintenance of a medical research centre in Ankara. The estimated value of the project is EUR715 million (US$858 million).

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MegaProject 1046: EBRD and partners disburse funds for new hospital in Bursa

MegaProject 1046: EBRD and partners disburse funds for new hospital in Bursa

🕔Nov 10, 2017

The first disbursement under a comprehensive long-term financial package for the construction of a new €490 million high-tech hospital in Bursa, Turkey’s fourth most populous city, has been made.

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Turkey invites bids for Tekirdag Port privatisation

Turkey invites bids for Tekirdag Port privatisation

🕔Nov 6, 2017

Turkey Maritime Organization Inc. has started a tender process for the privatization of the Tekirdag Port via "Operating Rights Transfer" for a period of 36 years. The deadline for submitting proposals is December 20, 2017.

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Bursa Hospital PPP campus achieves financial close

Bursa Hospital PPP campus achieves financial close

🕔Oct 19, 2017

Turkey's Bursa Hospital PPP Project has secured financing for its development.

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IFM to acquire Turkish port interest for US$869 MM

IFM to acquire Turkish port interest for US$869 MM

🕔Aug 4, 2017

Turkish infrastructure company Akfen Holding has sold its 40% stake in Mersin International Port to IFM Investors, an Australian infrastructure fund management company, for US$869 million.

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MegaProject 976: 1.6-B Turkish Health Campus PPP backed by Japanese institutions

MegaProject 976: 1.6-B Turkish Health Campus PPP backed by Japanese institutions

🕔Jul 25, 2017

Ronesans and Japan’s Sojitz have concluded a US$1.5 billion (JPY163 billion) financial deal with major Japanese institutions for the development of  the Istanbul-Ikitelli PPP Integrated Health Campus

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MegaProject 952: Turkey’s Izmir Bayrakli Integrated Health Campus PPP achieves FC

MegaProject 952: Turkey’s Izmir Bayrakli Integrated Health Campus PPP achieves FC

🕔Jun 19, 2017

Turkey’s Izmir Bayrakli Integrated Health Campus PPP has reached financial close.

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MegaProject 933: Turkey's Gaziantep Hospital PPP achieves financial close

MegaProject 933: Turkey's Gaziantep Hospital PPP achieves financial close

🕔May 23, 2017

Turkey's Gaziantep health campus PPP project has achieved financial close.

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MegaProject 930: New investor joins sponsors of Gaziantep hospital PPP

MegaProject 930: New investor joins sponsors of Gaziantep hospital PPP

🕔May 18, 2017

A Samsung C&T-lead consotium have raised additional equity for the Gaziantep PPP Integrated Health Campus in Turkey, and now expect to reached financial close by the end of June 2017.

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Megaproject 910: Preferred bidder for Turkish motorway PPP project

Megaproject 910: Preferred bidder for Turkish motorway PPP project

🕔Apr 19, 2017

The Turkish General Directorate of Highways (KGM) has selected a consortium formed by ERG Insaat and Seza Insaat as the preferred bidder for the Ankara-Niğde Motorway PPP Project.

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MegaProject 904: EBRD considering financing Turkish laboratory PPP

MegaProject 904: EBRD considering financing Turkish laboratory PPP

🕔Apr 7, 2017

The European Bank for Reconstruction and Development (EBRD) has announced its plans to finance of a Turkish health PPP project.

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MegaProject 861: Turkish - Korean team selected preferred bidder for Turkish bridge BOT

MegaProject 861: Turkish - Korean team selected preferred bidder for Turkish bridge BOT

🕔Feb 6, 2017

A Turkish - Korean team formed by SK Engineering & Construction Co. (SK E&C), Daelim Industrial Co. and Limak and Yapi Merkezi have been selected as preferred bidder to develop the 1915 Canakkale Suspension Bridge PPP, which is part of the Kinali-Tekirdag-Canakkale-Savastepe Highway on BOT

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MegaProject 835: Rönesans to complete a loan deal worth US$1.5 billion for Istanbul İkitelli city hospital project

MegaProject 835: Rönesans to complete a loan deal worth US$1.5 billion for Istanbul İkitelli city hospital project

🕔Dec 22, 2016

Turkish construction and investment firm Rönesans Holding’s healthcare unit​ will complete a yen-denominated loan deal worth US$1.5 billion for its Istanbul Ikitelli city hospital project from Japanese banks JBIC, Nexi, SMBC and BTMU by the end of March 2017.

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MegaProject 824: Meridiam and Ronesans Holding financial close for Elazig Integrated Health Campus

MegaProject 824: Meridiam and Ronesans Holding financial close for Elazig Integrated Health Campus

🕔Dec 2, 2016

Meridiam and Ronesans have announced that it has reached financial close for the Elazig Integrated Health Campus PPP Project in Turkey.

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EBRD, Canada’s EDC and OPIC of US in financing package for Kocaeli hospital in Turkey

EBRD, Canada’s EDC and OPIC of US in financing package for Kocaeli hospital in Turkey

🕔Nov 14, 2016

The European Bank for Reconstruction and Development (EBRD), Export Development Canada (EDC) and the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, are co-financing the development of a €375.75 million high-tech hospital in the north-western Turkish province of Kocaeli.

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MegaProject 811: Financial close reached for Eskisehir City Hospital PPP project

MegaProject 811: Financial close reached for Eskisehir City Hospital PPP project

🕔Nov 8, 2016

Turkish conglomerate Akfen Holding has announced that its construction unit Akfen Insaat has closed financing for the Eskisehir City Hospital PPP project in Turkey. 

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MegaProject 810: Tender for Turkish road megaproject starts

MegaProject 810: Tender for Turkish road megaproject starts

🕔Nov 7, 2016

The Turkish government has started the tender process for the development of the new highway PPP megaproject connecting Istanbul to the northern Aegean region.

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