IMM cancels Kaynarca-Pendik-Tuzla Metro tender

Metro tender Tuzla-Pendik-Kaynarca Istanbul Metropolitan Municipality (IBB) has been canceled by.

The tender was awarded at a price of 1.6 billion TL and the joint venture in which Alarko Holding subsidiary Alsim Alarko had a 50 percent share; A contract was signed between the company and the Istanbul Metropolitan Municipality Anatolian Side Rail System Directorate on April 14.

The statement made by Alarko Holding on the subject stated the following statements:
Istanbul Metropolitan Municipality of “Kaynarca-Pendik-Tuzla Metro Construction and Electromechanical Systems Procurement, Installation and Commissioning Works” project of the joint venture of our subsidiary Alsim Alarko Sanayi Tesisleri ve Ticaret AŞ with a 50 percent share. It was previously announced to the public that the contract price (excluding VAT), which it has committed to the Anatolian Side Rail System Directorate, is 14 TL. In the letter sent by the employer administration by fax, it was notified to us that the tender was canceled. ”



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