3. 29 for bridge and highway will be thrown before May

  1. 29 for bridge and highway will be thrown before May
    Due to the conquest day of Istanbul, the contract for the Istanbul 29rd bridge project, whose tender was held on May 3 last year and whose groundbreaking ceremony was planned on the same date this year, has not been signed yet, is aimed to be trained before the groundbreaking ceremony.

IC İçtaş-Italian Astaldi partnership with 3 years 10 months and 2 days, including the shortest construction period, offered the tender for the 'Northern Marmara Motorway Project Odayeri-Paşaköy Section', which includes the construction of the third bridge to be built in the Bosphorus. The authorities stated that the Treasury has recently conveyed the appropriate opinion to the General Directorate of Highways, in accordance with the Council of Ministers Decision, which was published in the Official Gazette on December 20, which regulates the undertaking of the foreign financing of the projects with the BOT model by the Treasury in case of termination, and that the Ministry of Transport Binali Yıldırım has They then said that the company is expected to be invited to sign in the next two weeks, before the groundbreaking ceremony on May 5th. “The process was delayed due to the approval of the Treasury due to legislative changes. The Treasury experienced some difficulties in the external financing processes of the Gebze-İzmir highway project. For this reason, some justified demands and investigations of the Treasury extended the process ”. Otoyol AŞ, founded by Nurol-Özaltın-Makyol-Astaldi-Yüksel-Göçay OGG, the contractor of the Gebze-İzmir motorway project worth approximately 29 billion dollars, could not close the foreign financing package due to the difficulties faced by the Council of State's decision to suspend the execution, since the EIA report was not sought; In March, a loan agreement was signed with a consortium of eight local banks for the $ 6.5 billion of the total $ 2.8 billion required for the first part of the project. Thus, the first financing signature of this project, which was tendered on April 1.4, 9 and the contract was signed on September 2009, 27, was made 2010 years later.

BUSINESS PERIOD BEGIN TO START AFTER CREDIT SUPPLY

The IC İçtaş-Astaldi consortium in the third bridge project of Istanbul should provide the external financing of the project, which will be approximately 2.5 billion dollars in six months following the signing of the contract. Due to defects that are not caused by the company, this period can be extended for another six months. The total 10 year 2 month 20 for the enterprise including construction will start with the supply of the loan, the day of the 2.4 daily contract. In the project, which has a three-year projection for the construction, but not a binding one, the company has to complete the construction works as soon as possible in order to be able to go into operation. IC İçtaş Chairman of the Board of Directors, İbrahim Çeçen, said in a statement in February that they signed a letter of intent for 10 billion-year financing from XNUMX billion dollars, which consists of seven Turkish banks.

NO TREATMENT IN THE NEW AIRPORT

In the Istanbul new airport project, the tender of which was held last week, there will be no need for Treasury compliance. The appointment decision and contract approval will only be subject to the approval of the Transport Minister. The official said, “Since DHMİ is an independent SEE, there will be no correspondence and review process with the authorities such as the Treasury and the Ministry of Development. "The start of this project will be 30 percent faster than the other two projects." Although the new airport project does not include a treasury guarantee, it does include DHMİ guarantee. Accordingly, the principal and interest expenses of the loan used in case of termination due to company fault in the investment period or operating period; Except for the fault of the company, the capital and all financing expenses will be borne by DHMI. Cengiz-Kolin-Limak-Mapa-Kalyon OGG will establish a new AŞ at the new airport within 30 days from the notification of the implementation contract; Within the following 180 days, the company will sign an implementation contract with DHMI. After signing the contract, the company will request the site delivery within a month and the site will be delivered within one month. The credits to be used in the project will be submitted to DHMI within 360 days from the signature of the contract; however, the company has the right to request an extension of this period to 25 days. The 22.152-year operation period of the project will start on the date of the operation permit that will be given with the completion of the first stage investment. Cengiz-Kolin-Limak-Mapa-Kalyon OGG announced that it will invest 18 billion euros for the construction work, in addition to its highest lease offer with 10.247 billion euros + XNUMX percent VAT.

Source : www.aksam.com.t is

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