Turkey to hold $6 billion highway tender on Tuesday
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Jan 09, 2012 - 12:00 am GMT+3
by Jan 09, 2012 12:00 am
Turkey will hold a tender on Tuesday for a highway project, which includes a bridge across the Istanbul Strait linking Europe and Asia and which is seen costing around $5 billion.
Eighteen companies out of an initially interested 33 acquired formal tender specifications to submit offers for the North Marmara Highway project, including Japanese, Russian, Spanish, Austrian and Italian firms, as well as Turkish companies.
The General Directorate of Highways tender had been postponed until January 10 at the request of the interested companies.
Obayashi, Mitsubishi, Itochu and IHI from Japan, Astaldi of Italy, Moskovskiy Metrostroy and NPO Mostovik of Russia, Stradag of Austria, FCC Construction of Spain and Turkey's Mapa, Cengiz, Park, Varyap, Yuksel, Kolin, Nurol, STFA and Gulsan are companies who acquired the official documents.
The North Marmara Highway Project consists of a 414 km (260 mile) highway connecting Adapazari on the Asian side of the Marmara region to the Tekirdag region on the European side.
A third bridge over the Istanbul Strait, complete with a railway track, is also part of the $6 billion project, which will be Turkey's second largest built-operate-transfer model project.
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