The Daily Cost of the 1915 Çanakkale Bridge to the Treasury Has Been Determined

The Daily Cost of the 1915 Çanakkale Bridge to the Treasury Has Been Determined
The Daily Cost of the 1915 Çanakkale Bridge to the Treasury Has Been Determined

Despite the daily guarantee of 1915 thousand vehicles for the 45 Çanakkale Bridge, only 6 thousand vehicles passed through the bridge. The daily burden of the bridge to the Treasury is 11 million 625 thousand liras.

The number of vehicles using the 1915 Çanakkale Bridge, which connects the two sides of the Dardanelles Strait, has been announced after the toll crossings started. Minister of Transport and Infrastructure Adil Karaismailoğlu announced that only 45 thousand vehicles passed through the Çanakkale Bridge, which was guaranteed for 6 thousand vehicles.

Referring to the vehicle warranties for the bridge, Karaismailoğlu said:

“They say, 'Can that many vehicles pass over the Çanakkale Bridge?' It will pass when the time comes. 6 thousand vehicles passed yesterday. When Fatih Sultan Mehmet Bridge was built, it reached 15 thousand vehicles at the end of 100 years. Today, 220 thousand vehicles pass through the Fatih Sultan Mehmet Bridge (FSM). These projects need to be thought long-term. Vehicle warranty is a unit of vehicle equivalent for the return of the total cost of construction and operating, financial and heavy maintenance costs. That's why you shouldn't get hung up on those vehicle numbers. Look, we provide a completely direct cash income flow in airlines.”

According to the news of Havva Gümüşkaya from BirGün, The number of vehicles carried by GESTAŞ, which operates the ferryboat, is around 10 thousand per day. In 2019, the pre-pandemic period, an average of 12 thousand vehicles were transported per day.

Based on the Minister's statements, the daily load of the bridge to the Treasury was calculated. According to the contract, the toll of the bridge is 15 Euros. The toll is updated according to the Eurozone inflation and the contract fee of the bridge is calculated as 2021 Euros, including VAT, according to the inflation at the end of 17,7.

On March 6, when 27 thousand vehicles crossed the bridge, when the Euro/TL rate is 16,08, the fee per vehicle not exceeding is 285 liras. According to this calculation, 27 million 39 thousand liras will come out of the Treasury for 11 thousand vehicles that did not cross the bridge on March 115.

In addition, money will come out of the Treasury for 6 vehicles passing through the bridge. Despite Erdogan's writing of 285 lira in the contract, after he announced the box office fee as '200 lira', the difference of 85 liras will be paid to the operating company under the name of contribution from the budget. A total of 6 thousand liras will be transferred from the Treasury for 510 thousand vehicles passing through the bridge.

Thus, the daily cost of vehicles passing or not passing over the bridge to the Treasury is 11 million 625 thousand liras. If 6 thousand vehicles pass over the bridge every day and the exchange rate never changes, the burden will be 4 billion 243 million liras to the Treasury at the end of the year.

The 2017 Çanakkale Bridge, whose contract was signed in 10,3 for an investment of 1915 billion TL with the joint venture group consisting of Daelim-Limak-SK-Yapı Merkezi, was completed in about five years. The contractor company will transfer the bridge to the General Directorate of Highways after operating the bridge for 16 years within the scope of the project, the duration of which is determined as 2 years, 12 months and 11 days. The annual cost of the amount guaranteed by the public to pay the operator is 246 million 375 thousand Euros.

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