Reply To: New Airport Contract signed-29 Billion

Back to Forum

TerryMcManus24
Participant

No …Not the new London Estuary Hub UK1…but good old Turkey.

Our sunshine boys scouts in the big House are now looking, so it seems for a “wee green field” somewhere on the road to Reading….eh?

I don’t agree with much of what our Mayor of London comes out with but recon he is spot on with “Eastenders International “

Turkey awards contract for its Third Istanbul Airport $29-bn

Could be some work over there for our unemployed English youngsters.

Turkey has now selected the winning consortium (Cengiz-Kolin-Limak-Mapa-Kalyon) for the new Istanbul airport after it introduced a bid of $29bn for the construction and 25-year operation.

Istanbul’s third airport is one of the largest infrastructure projects in Turkey’s recent history, and under current plans is set to be the LARGEST airport in the world.

The first phase of the project which will cost $10 bn is expected to deliver a passenger handling capacity of 90 Million and will be completed by 2017,while the airport has been designed to handle 150 Million travellers annually upon completion of all its phases.

The project is part of national targets set to be reached by the centennial of the foundation of the republic in 2023, requiring heavy investment in energy, finance and infrastructure.

The country aims to enter the rankings for the top 10 economies of the world by then reaching a GDP level of $2 trillion..

…..and no doubt we will probably still be talking….

Be up-to-date
Magazine Subscription

To see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below

Polls