Eurasia Tunnel's 3-Year Vehicle Warranty Pass Fee Will Be Paid In 1 Year

Eurasia Tunnel's 3-Year Vehicle Warranty Pass Fee Will Be Paid In 1 Year
Eurasia Tunnel's 3-Year Vehicle Warranty Pass Fee Will Be Paid In 1 Year

In the last 3 years, 470 million TL has been paid as a vehicle warranty toll in the Eurasia Tunnel. This payment is expected to be at least 2020 million lira in 400.


Sözcü According to the news of the newspaper İsmail Şahin; “The bill rises as the dollar rate rises in the Eurasia Tunnel, which is made with the build-operate-transfer model, causing millions of lira to come out of the Treasury's safe due to the pass guarantee. The vehicle, which is updated twice every year, is calculated as a one-way pass fee, 4.5 dollars + 8 percent VAT + 10-year cumulative US inflation increase (23 percent). IMM Municipal Council Member and Advisor to the IYI Party Local Administration. "If the dollar is permanent at the level of 7 lira, the Eurasia Tunnel car toll will be 2020 TL as of July 40," said Suat Sarı.

DECREASE OF USE

Noting that the toll was 2016 lira in 15 when it was put into service, Sarı said, “As the toll increases, usage decreases. Since 25 million 125 thousand vehicles are guaranteed annually, the burden on the state increases after each hike. The company, which operated the Eurasia Tunnel for 2017, 2018 and 2019, received a payment of 470 million lira under the vehicle pass guarantee. For the year 2020, at least 2020 million TL vehicle transition guarantee payment will be made to the company in 400 due to the decrease in vehicle transitions and usage decrease due to the pandemic ”. The foundation of the Bosphorus Highway Tube Crossing project, known as the Eurasia Tunnel, was laid in 2011. The project was built by the Eurasia Tunnel Enterprise Construction and Investment (ATAŞ) company, which is owned by the Turkish Construction Center and South Korean SK E&C companies. The company will operate the tunnel for 24 years and 5 months. He will eventually hand over the tunnel to the public. One-way 35 thousand vehicles are guaranteed per day for the project. If the missing vehicle passes, the state pays the difference.

THE CONTRACT MUST BE TERMINATED

Dr. Good Party Suat Sarı pointed out that the number of guaranteed vehicle passes can be reached in 2, assuming that the number of vehicles increases by 2040 percent each year. Sarı said, “According to the calculation we made, the company investing 1 billion 245 million dollars will get a 2 billion 590 million dollars transition guarantee from the passing vehicles and 535 million dollars from the state. In other words, a total of 3 billion 120 million dollars will enter its safe. ”

Reminding that the state will receive a 25 percent transit fee for every vehicle that increases when the number of vehicles with 125 million 30 thousand years is exceeded in the contract, Sarı said, “It is not possible to reach this number with this hike policy. This account error should be returned as soon as possible. The loan repayment of the company must be undertaken by the state, the company must be repaid with a minimum profit margin, and the Eurasia Tunnel contract must be terminated by entering into force majeure ”.


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