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

  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Bridge formwork solutions complete big bridge picture
    July 2, 2014
    Advanced bridge formwork solutions are allowing contractors to complete vital major highway infrastructure projects covering Norway, Sweden, Estonia and Poland. Guy Woodford reports Building the Labbdalen bridges in Norway is a key feature of the E6 highway improvement programme. Main project contractor HÆHRE tasked RMD Kwikform and Teknikk with supplying a complete formwork and shoring solution that could tackle the challenging Norwegian terrain, whilst preserving the environment. Situated two hours
    Read More
  • Rapid replacement of multiple bridges – the plan
    December 14, 2017
    The US State of Pennsylvania is saving itself $220 million over 10 years on a programme to replace 558 bridges with an unusual public private partnership approach - Kristina Smith writes It is called the Rapid Bridge Replacement Programme with good reason. Pennsylvania’s Department of Transport, PennDOT, wants to see no less than 558 structurally deficient bridges replaced with newly designed and constructed ones, all within four years. Using traditional forms of procurement this programme would be like
    Read More
  • Spanish firms interested in US$740mn Chile bridge project
    June 5, 2013
    Spanish companies Sacyr, ACS and OHL will take part in three of the consortia that will bid in the US$740 million contract to build the longest suspension bridge in Chile. Works for the 2.5km Chacao Bridge, connecting the island of Chiloe and Chile's coast line, are expected to be awarded during the first quarter of 2014, with construction due to begin in 2015.
    Read More

Highlighted Content