Real Estate Project of 2016

Real Estate Project of 2016

Transport, Maritime Affairs and Communications Minister Binali Yildirim stated that they have projects with Highways General Directorate of Highways (KGM) and added that our slogan is  ‘ to built our ways with safety, comfort, less fuel, less time and less money.’2016 will be the year of the mega-projects. This year Turkey has many projects from the world’s largest airport to intercontinental bridges and tunnels and these will be completed soon without any further delay. Mega projects are large-scale on infrastructure, energy and transportation. Turkey needs such projects in order to improve its rail, air and other transportation links.

binali-yildirim

2016 will be the year of the mega-projects. As we now, Turkey is a port between Middle East and Central Asia so it has to show itself as an energy and trade hub. The mega projects include the North Nuclear Power Plant Projects, Trans-Anatolian Pipeline Project (TANAP), Marmara Highway, the Yavuz Sultan Selim Bridge, Istanbul’s 3rd airport, Canal Istanbul, the Eurasia Tunnel and Istanbul Financial Center. These mega projects will worth more than 100 billion Euro.

tanap

2016 will be the year of the mega-projects. Here are the details of the projects. According to the plans Turkey’s first nuclear plant, Akkuyu, will be built in the country’s southern province of Mersin on the Mediterranean coast. Turkey’s TANAP project will carry natural gas from Azerbaijan’s energy via Turkey to Europe. The Yavuz Sultan Selim Bridge will become the third bridge link between Europe and Asia. Istanbul’s third airport, with 160 million annual passenger capacities, is under construction in the Arnavutkoy district of Istanbul. Canal Istanbul is an artificial sea-level waterway that will be built parallel to the Bosporus and will connect the Black Sea to the Sea of Marmara. Istanbul Finance Center aimed at developing the conditions to rank Istanbul among the leading financial centers.

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    yasemin Written by:

    Yasemin Kılıç yaseminkilic@istanbulinvestments.com

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