Bank Of Baku

Turkey to build 3rd bridge spanning Istanbul’s Bosporus

Turkey to build 3rd bridge spanning Istanbul’s Bosporus
# 29 May 2012 17:53 (UTC +04:00)
Baku-APA. A consortium of a Turkish company and an Italian company won the tender for construction of a third bridge spanning Istanbul’s Bosporus on Tuesday, APA reports quoting Xinhua.

Turkish Transportation Minister announced the winner at a press conference in Ankara, saying the project is expected to cost 2.5 billion U.S. dollars.

The proposed 1,275-meter-long suspension bridge is planned to connect the neighborhood of Garipce in the city’s Sar-yer district on the European side with Poyrazkoy in Beykoz on the Asian side.

Described as Turkey’s second-biggest build-operate-transfer scheme, the project will also connect the Northern Marmara Highway with the Trans-European Motorway.

The project will be undertaken by the Turkish Ictas Insaat Sanayi Ticaret A.S. and Astaldi OGG of Italy.

There are two bridges on the Bosphorus, namely Bosphorous Bridge and Fatih Sultan Mehmet Bridge. The government is planning to construct the third bridge to connect the northern parts of the city.

The new bridge was designed to enable road and rail traffic from Europe to pass straight to the Anatolian mainland without passing through Istanbul.
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