Skip to main content

Turkish highway network expanded

Turkey’s highway network has been expanded.
By MJ Woof October 29, 2024 Read time: 1 min
Construction of a stretch of Turkey’s North Marmara Highway will be built by a South Korean consortium – image © courtesy of Mike Woof

 

Turkey's highway network now totals 3,726km, with further developments to come. One of the key projects to go ahead will be the development of a stretch for the Northern Marmara Highway (NMH), an important 438km route connecting Europe and Asia.

Costing an estimated US$1.5 billion, the NMH project will include 31km of highway, a 1.6km bridge, access roads, 11 intersections, 19 underpasses, and 17 overpasses. A South Korean consortium, the Korea Expressway Corporation, will handle the work, with funding from Korea Infrastructure Asset Management (KIAMCO) and the Korea Overseas Infrastructure & Urban Development Corporation (KIND).

 

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth