Consortium wins Istanbul airport tender for 22.1 billion euros

Consortium wins Istanbul airport tender for 22.1 billion euros

 

The Cengiz-Kolin-Limak-Mapa-Kalyon Consortium, a joint venture of Turkish companies, has won a tender for a controversial third airport in Istanbul, promising to pay the government 22.1 billion euros for 25 years starting from 2017.

Seventeen groups qualified to enter the tender, but only four -TAV, IC-Fraport Consortium, Cengiz-Kolin-Limak-Mapa-Kalyon Consortium and Makyol İnşaat-showed up at today’s bidding session.