Turkish summit on plans for over €75 billion worth of highway-rail spending

A summit is being held for all parties involved in the Turkish Railways Authority and General Directorate of Highways ambitious plan to build more than €75 billion worth of highway and railway lines in Turkey between now and 2023. International consortiums have already begun working on major projects such as the ‘Eurasian Tunnel’ and the ‘Third Bridge on the Bosphorus’. Contractors are eagerly preparing for the next wave of mega projects like ‘Channel Istanbul’ and ‘Canakkale Bridge’, which are expected to
August 1, 2013 Read time: 1 min
RSSA summit is being held for all parties involved in the Turkish Railways Authority and General Directorate of Highways ambitious plan to build more than €75 billion worth of highway and railway lines in Turkey between now and 2023.

International consortiums have already begun working on major projects such as the ‘Eurasian Tunnel’ and the ‘Third Bridge on the Bosphorus’. Contractors are eagerly preparing for the next wave of mega projects like ‘Channel Istanbul’ and ‘Canakkale Bridge’, which are expected to be offered to tender at any stage before 2015.

The Turkey Land Transport Infrastructure Summit in Ankara from 3-5 December 2013 will bring together government authorities awarding the tenders, contractors constructing the improvements and investors financing the projects.
Highway & Network Management

Related Content

  • Work commencing on key New Zealand tunnel link
    August 3, 2012
    New Zealand prime minister John Key led an official ground-breaking ceremony this week to allow the start of excavation work for two new 2.4km-long motorway tunnels beneath suburban Auckland. The Waterview Connection project is on schedule to begin its main construction phase next year, and the prime minister was on hand to turn the first soil for a 30m-deep trench which is needed to allow access for the tunnels’ southern approach trench in the west Auckland suburb of Owairaka.
    Read More
  • AIA welcomes Government cash for local UK road maintenance
    June 28, 2013
    The Asphalt Industry Alliance (AIA), which represents companies producing and laying the materials for asphalt roads, has welcomed the UK Government’s pledge to spend US$9.174 billion (£6bn) on local road maintenance for the period 2015/16 to 2020/21. Reacting to the spending commitment announced made by the Chancellor of the Exchequer, George Osborne , and the Chief Secretary to the Treasury, Danny Alexander, AIA chairman Alan Mackenzie said, “The AIA has been lobbying for additional funds to tackle the lo
    Read More
  • Turkish highways and bridge project financing secured
    June 7, 2018
    The financing package that will pay for Turkey’s €2.43 billion Malkara to Çanakkale highway and 1915 Çanakkale Bridge has now been secured. This follows on from Mott MacDonald completing its technical due diligence of the project documentation. The project will be handled under the PPP model. The centrepiece of the project is the €1.68 billion Çanakkale 1915 bridge. This will be over 4.6km long, with a 2,023m main span that will be the longest in the world for a suspension bridge. It will allow a clearance
    Read More
  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More

Highlighted Content