Egis has been awarded a major Turkish highway deal

Egis has signed a contract for the operation and maintenance of the Gebze-İzmir highway in Turkey. The agreement was signed with OTOYOL, the concessionaire for the Turkish General Directorate of Highways (KGM). This is the second major contract award for Egis in Turkey, following the Eurasia Tunnel deal, for a 5.4km twin-deck tunnel under the Bosphorus. OTOYOL was selected by KGM as the private concessionaire for the project. OTOYOL itself is a firm established for the purpose of the Project by five Turkish
June 25, 2013 Read time: 2 mins
The completion of the Gebze-İzmir highway will help improve traffic flow and reduce peak time congestion in the busy port city
2643 Egis has signed a contract for the operation and maintenance of the Gebze-İzmir highway in Turkey. The agreement was signed with OTOYOL, the concessionaire for the Turkish General Directorate of Highways (3337 KGM). This is the second major contract award for Egis in Turkey, following the Eurasia Tunnel deal, for a 5.4km twin-deck tunnel under the Bosphorus.

OTOYOL was selected by KGM as the private concessionaire for the project. OTOYOL itself is a firm established for the purpose of the Project by five Turkish companies: 3338 Nurol İnşaat ve Ticaret; Özaltın İnşaat Ticaret ve Sanayi; 3340 Makyol İnşaat Sanayi Turizm ve Ticaret; 4149 Yüksel İnşaat; 3342 Göçay İnşaat Taahhüt ve Ticaret; and one Italian company, 1324 Astaldi. After a competitive bidding process, Egis was selected by OTOYOL as its operation partner.

The Gebze-İzmir Project is a tolled highway project procured by KGM under a build, operate and transfer (BOT) model. This is the largest BOT project in Turkey to date. It includes 420km of highway (2x3 lanes) between Gebze (on the North shore of İzmit Bay) and İzmir, as well as a 3km suspension bridge crossing İzmit bay, three tunnels with a total length of 6km and 20 toll stations. The project will be implemented in two phases. The first phase from Gebze to km 58 will include the 3km Izmit bay suspension bridge which is one of the longest suspension bridges in the world by the length of central span

For more information on companies in this article

Related Content

  • Balfour included on major UK Highways Agency framework contract
    November 7, 2014
    Balfour wins place on major UK Highways Agency road framework contract Balfour Beatty’s UK construction business has been appointed by the UK’s Highways Agency to a new collaborative framework contract for projects totalling more than US$3.95 billion (£2.5 billion). Under the framework arrangement, Balfour is one of five contractors that the agency can call upon to deliver individual projects worth between $160 million and $713 million (£100 million and £450 million) on Lot 3B of the Collaborative Del
    Read More
  • Tunnel for Colombia’s Calarca – Cajamarca Highway
    May 23, 2014
    A new tunnel is forming an important link for a major Colombian highway - Mauro Nogarin reports Work on a major highway project is underway in Colombia, forming part of the Bogota-Buenaventura Corridor. The highway has a length of 503km and is located in central Colombia, connecting the departments of Tolima and Quindio, across the central Andes, with a total cost of around US$330 million. A key section of the project consists of building a unidirectional tunnel of approximately 8.65km in length. Anot
    Read More
  • KGM to build 2,000km of new roads in Turkey
    April 26, 2013
    The Turkish General Directorate of Motorways (KGM) aims to build over 2,000km of roads in 2013. They will consist of 998km single-platform roads and 1070.5km of dual carriageway. Out of the total duel carriageway, 20.5km will be added to motorways and 1,050km to state roads. Almost 20,000km roads will be asphalt covered or repaired. KGM currently manages 63,250km state roads and 2,250km of motorways in Turkey. It plans to build a total of 9,700km dual carriageway and 5,550km motorways by 2023.
    Read More
  • Hyundai E&C is working on Turkey’s new third Bosporus Bridge
    July 10, 2013
    Hyundai Engineering & Construction (Hyundai E&C) is to head a consortium building the lateral towers, aprons and suspension cables for the new Bosporus crossing in Turkey. Hyundai E&C will work in a consortium with its partner SK Engineering & Construction on the US$697 million project to construct the 2.16km Third Bosporus Bridge. This suspension bridge will feature eight lanes for motor vehicle traffic as well as two rail lines. With a width of 59m it will be the widest bridge in the world that carries a
    Read More

Highlighted Content