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

  • Kuwait’s Sheikh Jaber al-Ahmad Al-Sabah Causeway opens
    August 27, 2019
    World Highways revisits the world’s fourth longest sea bridge - four years to construct and which has slashed travel time between Kuwait’s largest island and the capital city
    Read More
  • Egis Lagan wins major Irish road deal
    December 19, 2013
    Egis Lagan Services now has a new contract in Ireland for the provision of operation, maintenance and renewals services on 330km of motorways in Ireland. Egis Lagan Services is a joint venture company between the French company Egis and Northern Irish infrastructure company Lagan. The company has a five year contract with the National Roads Authority the Motorway Maintenance and Renewal Contract (MMaRC) in the south of Ireland (Area C). The project is for the routine operation and maintenance of the road ne
    Read More
  • Bosnia gets €750 million loan for Corridor 5C motorway
    March 1, 2018
    Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project. Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans. Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million. The money will be used for constructing four 70km sections of
    Read More
  • Kenya moves ahead with double-decker road to address costly city traffic jams
    December 11, 2013
    New double deck roads could cut congestion in Kenyan capital Nairobi – Shem Oirere reports Arapid increase in urban population and diminishing land for infrastructure expansion has forced Kenya to devise ways of addressing the worsening human and vehicular traffic problems in its capital Nairobi. The country national highways agency recently announced progress in the planned construction of the country’s first double-decker highway.
    Read More

Highlighted Content