Mehmet Cengiz, Cengiz Construction Chairman of the consortium, who won the 3rd airport tender, said, “We have not been funded yet. But we are not pessimistic. ”
It was stated that the Cengiz-Limak-Kolin-Mapa-Kalyon joint venture, which won the tender of the third airport of Istanbul with a capacity of 150 million passengers for 22 billion 152 million Euro-VAT, has not started negotiations for financing yet.
The Wall Street Journal spoke to Turkey Chairman Mehmet Cengiz Cengiz Construction, 'We did not go further financing. We did not start negotiations, "he said. While question marks about financing projects have increased due to the turmoil in the markets recently, Cengiz said, “We have no pessimism. We will meet with many domestic and foreign financial institutions. ”
Making a statement on behalf of the consortium after the third airport tender, Limak Holding Chairman Nihat Özdemir pointed out that the payment will be made in 25 years and said, "We will choose the financing model that gives the most economic conditions by looking at both domestic and foreign sources." Explaining that they are aiming to dig in one year after the necessary permits, Özdemir stated that the project will be a step by step and that the payment will be done in 1 years.
'Financing is ready,' he said.
Chairman Mehmet Cengiz Cengiz Construction is still in a statement immediately after the tender to The Wall Street Journal Turkey "should be paid equity up to 20 per cent of the tender conditions. "We will not use credit for equity." Expressing that the financing of the project is ready, Mehmet Cengiz stated that they will decide only on the cheapest option and said, “It was a very transparent and proper tender. We prepared the loan from all sides. We will pay in equal installments for 25 years. ”
17 companies participated in the race for the third airport of Istanbul, which will be the largest airport in the world in terms of passenger capacity that 4 companies have received specifications, and will be built with the Build Operate Transfer (BOT) model. In the tender opened with IC Fıraport's bid of 20 billion Euro + VAT, the bargaining procedure had exceeded 22 billion Euro. The race was between Makyol, TAV, IC-Fraport, Cengiz-Kolin-Mapa-Limak-Kalyon joint venture.
Source : I www.airporthaber.co