Skip to main content

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.

Related Content

  • Moscow to invest $20 billion in massive road-building by 2015
    March 28, 2014
    A huge investment in road building will expand Moscow’s network – Eugene Gerden reports The government of Moscow plans to invest more than RUB 640 billion (US$20 billion) during the period of 2014-2015 .in a massive investment of road building in the city. This is expected to be part of Moscow city’s Master Plan, which is designed until 2025. Building of new roads is crucial for Moscow and should help the city to solve the problem of traffic jams. Despite all the efforts made by the city’s authorities in re
  • San Miguel Corp is among bidders in Cavite-Laguna re-auction
    March 19, 2015
    San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
  • Denmark reconsiders a Kattegat link
    May 10, 2023
    A bridge would cross the Kattegat Strait between the Jutland peninsula city of Aarhus - Denmark’s second largest city after the capital Copenhagen - and Kalundborg, a small city of 17,000 on the western shore of Zealand Island.
  • Transstroy’s ambitions for Sochi 2014 Olympics and beyond
    September 30, 2013
    Igor Pankin is CEO of Transstroy, one of Russia’s largest transport infrastructure construction companies, a part of Oleg Deripaska’s Basic Element group. Created in 1992, the company has completed major construction projects with a combined worth of more than €4 billion (RUB 121 billion) The Olympic motto, ‘Swifter, Higher, Stronger’, is very appropriate for the Sochi 2014 Winter Olympics – and not just in reference to the action in its stadiums and on its slopes. The city has been transformed from a small