Major Turkish bridge project moving forward

The project to build Turkey’s new 1915 Cannakkale Bridge is gathering pace, with construction work expected to commence shortly. The tender for the project was won by a contracting consortium comprising construction companies coming from Turkey and South Korea. The Turkish contractors in the consortium are Yapi Merkezi and Limak while the South Korean companies are SK and Daelim and this project team was awarded the deal due to the short construction period required. The bridge will span the Dardanelles Str
February 14, 2017 Read time: 1 min
The project to build Turkey’s new 1915 Cannakkale Bridge is gathering pace, with construction work expected to commence shortly. The tender for the project was won by a contracting consortium comprising construction companies coming from Turkey and South Korea. The Turkish contractors in the consortium are 7010 Yapi Merkezi and 5095 Limak while the South Korean companies are SK and 3088 Daelim and this project team was awarded the deal due to the short construction period required. The bridge will span the Dardanelles Strait and the construction project is costing in the region of US$2.55 billion to carry out. The building work is due to commence in March 2017 and is expected to be complete by 2023.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Financing found to fund building Bosporus Bridge
    September 9, 2013
    A group of seven banks is to fund the construction of the third Bosporus Bridge crossing in Turkish commercial centre Istanbul. A group of six Turkish banks, Garanti Bankasi, Halk Bankasi, Is Bankasi, Vakiflar Bankasi, Ziraat Bankasi, and Yapi Kredi Bankasi, is being joined by the Netherlands-based Garantibank International to provide the necessary US$2.3 billion of funding required for the project. A joint Italian-Turkish consortium comprising Astaldi and IC Ictas will build the bridge, which will reduce c
    Read More
  • Payment for Paraguay bridge project
    May 15, 2020
    A payment has been made for a portion of a Paraguayan bridge project.
    Read More
  • Ambitious road tunnelling projects around the world
    November 29, 2013
    The construction of the world’s longest subsea road tunnel in Norway and a vital new link under the Bosphorus Strait in Turkey are among a host of exciting, major road tunnel-based projects currently being undertaken across the globe. Guy Woodford reports Sandvik DTi series tunnelling jumbos are being used for the excavation of Solbakktunnel, set to become the world’s longest subsea road tunnel.
    Read More
  • Consortium designing Panama Canal crossing
    February 15, 2012
    The contract to design the third bridge spanning the Panama Canal will be carried out by Louis Berger and China Communications Construction.
    Read More

Highlighted Content