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9/3/12

Turkey: Efforts for Istanbul’s third airport heat up

The Transport Ministry will announce the tender date for a third airport in Istanbul next month, Transport Minister Binali Yıldırım has said.

The government aims to receive bids in December for the facility, which is estimated to cost 10 billion Turkish Liras, he told Anatolia news agency.

“We cannot tell exactly what will be in the bids, but this is our estimate,” he said

Some foreign investors, including those from Japan, France, China and Germany, have already shown interest in the airport, which will be constructed in three phases.

Read more - BUSINESS - Efforts for Istanbul’s third airport heat up

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