The consortium of China 688.5 Merchants Expressway, CMU, Zhejiang Expressway, Jiangsu Expressway, Sichuan Expressway and Anhui Expressway had aspired to acquire 51 percent of IC İçtaş, which is responsible for the construction and operation of Yavuz Sultan Selim Bridge.
Recently, the Chinese Jiangsu Expressway Co., with the Italian Astaldi's application to the Competition Board for the transfer of the 3rd Bosphorus Bridge and Marmara Highway Investment shares to IC İçtaş. An explanation was made by. According to the statement, Jiangsu Expressway and its partners, including Zhejiang Expressway and China Merchants Expressway, will set up units for overseas purchases. these units are planned to be established in Hong Kong will buy 51 percent of a construction company in Turkey.
As a result of the negotiations, the 51 shares of Yavuz Sultan Selim Bridge, which is responsible for the construction and operation of the İçtaş-Astaldi partnership, were sold to the Chinese consortium, which was the leader of China Merchants Expressway, with a 31 percent share. The Chinese group will inject 688 million USD capital into the company.
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