Application and bidding deadlines for the Privatization of Turkish Motorways and Bridges are renewed

Application and bidding deadlines for the Privatization of Turkish Motorways and Bridges renewed. 07.10.2011

According to the official website of Turkish Privatization Administration, the deadline for the application of preliminary qualification was amended as Thursday, January 19, 4:00 pm. The previous deadline was Friday, November 18, 2011. Accordingly, the deadline for final bidding for interested parties was amended as Thursday, February 16, 2012, 4:00 pm. The previous deadline was Friday, Thursday, December 15, 2011.

Privatization process of the Motorways and Bridges by the method of “Transfer of Operation Rights” was planned as a single package consisting of Edirne-İstanbul-Ankara Motorway”, “Pozantı-Tarsus-Mersin Motorway”, “Tarsus-Adana-Gaziantep Motorway”, “Toprakkale-İskenderun Motorway”, “Gaziantep-Şanlıurfa Motorway”, “İzmir-Çeşme Motorway”, “İzmir-Aydın Motorway”, “İzmir and Ankara Ring Motorway”, “Bosphorus Bridge”, “Fatih Sultan Mehmet Bridge and Ring Motorway with their connection roads and the service facilities, maintenance and operation facilities, fee collection centres and the other units of good and service production. The concession period will be 25 years following the actual transfer date. The amount of bid-bond which is required to be provided to the Privatization Administration to enter the bidding is USD 200,000,000.- whereby the price of tender specifications document is USD 50.000.-.

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