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

  • Indian highways road construction
    April 16, 2012
    Superlatives, once applied only to China's phenomenal growth, are now being used for India. Patrick Smith reports Those involved with the Naini Bridge in Allahabad are so proud of the result that they have set up an exhibition centre detailing its construction.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Building New zealand's landmark tunnel
    February 15, 2012
    A landmark tunnelling project is commencing in New Zealand - Kristina Smith reports. New Zealand is preparing to embark on its biggest transport project ever. In August it announced that it had selected its preferred bidder for the NZ$1.4 billion Waterview Connection in Auckland, 5km of new motorway connecting highways to the North and South of the city.
    Read More
  • Norway’s E10 project is officially underway
    August 7, 2023
    Hålogalandsvegen/Skanska will finance, build, maintain and operate a section of the E10 Hålogalandsvegen and Highway 85 Tjeldsund–Gullesfjordbotn–Langvassbukt north of the Arctic Circle.
    Read More

Highlighted Content