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

  • Superlative formwork’s global appeal
    April 25, 2013
    The latest formwork solutions are enabling some tough bridge-building projects to be delivered in South America and Europe, while the world’s largest construction equipment show is seeing the merits of other cutting-edge formwork. Guy Woodford reports. Taking a road and rail link across one of South America’s largest rivers, together with its swamps and floodplain, calls for a new crossing of superlative dimensions. Two 135.5m pylons for the third bridge across the Orinoco River in Venezuela are taking shap
    Read More
  • Serbia, Turkey formalise cooperation for Belgrade-Sarajevo motorway
    October 20, 2017
    Serbia has cemented its cooperation deal with Turkey for construction of the Belgrade-Sarajevo motorway at an estimated cost of around €830 million. The 60km motorway will be an extension of the Corridor 11 project and start where the 31km long Preljine-Pozega segment of Corridor 11 ends, Serbian media reported.
    Read More
  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
    Read More
  • Gordie Howe Bridge towers rise
    January 19, 2022
    Each tower is composed of 51 segments constructed using a jump-form climbing system.
    Read More

Highlighted Content