Works of Gebze \u2013 \u0130zmir Highway Project which is the biggest in Europe and second biggest in the world continued substructure investment are continued on the final speed. Companies at the consortium which has been awarded at the tender of project for which it is assumed to have approximately 870 million TL savings are planned to be obtained per year by decreasing the time period in between \u0130stanbul \u2013 \u0130zmir to 3,5 hours continue bridge, highway, tunnel and viaduct works at nine different areas. Approximately half of the project of highway and viaduct has been completed and at viaduct work at the \u0130stanbul side, road passage construction over legs has been started. Also at Samanl\u0131 Tunnel, works of tube are continued at the final speed. The aim is to fully complete the section of highway from Gebze to Orhangazi within year of 2015. Kerim Kemahl\u0131, CFO of Nurol Holding which is the leader partner of consortium constructing Gebze \u2013 \u0130zmir Highway mentioned that they planned to sign in April a new credit agreement of 600 million dollar with eight banks for construction of Orhangazi \u2013 Bursa section of the project and they expect an increase in the total investment cost. Kemahl\u0131 stated that they separated Gebze \u2013 Orhangazi \u2013 \u0130zmir Highway project including \u0130zmit Gulf Passing Bridge as Gebze \u2013 Orhangazi and Orhangazi \u2013 \u0130zmir phases and they also have separated second phase into two groups as Orhangazi \u2013 Bursa and Bursa \u2013 \u0130zmir and they have planned separate financing for each group. Kerim Kemahl\u0131 mentioned that for the section of Gebze \u2013 Orhangazi a total of 2.8 billion dollar investment shall be made and 1.4 billion dollar of this amount shall be met from equity capital. Kemahl\u0131 stated that the cost shall be 4 billion dollar for Bursa – \u0130zmir phase which is second stage of Orhangazi \u2013 \u0130zmir phase and stated that they plan to meet 3 billion from bank credit and 1 billion from equity capital. Kemahl\u0131 said that; ‘We shall start to studies related with financing of this section as of the end of 2014 or as of the beginning of 2015. It seems that there shall be a total 7.4 billion dollar investment cost for whole of the project.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Works of Gebze \u2013 \u0130zmir Highway Project which is the biggest in Europe and second biggest in the world continued substructure investment are continued on the final speed. Companies at the consortium which has been awarded at the tender of project for which it is assumed to have approximately 870 million TL savings are planned<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"categories":[53],"class_list":["post-6072","post","type-post","status-publish","format-standard","hentry","category-nurol-in-media"],"_links":{"self":[{"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/posts\/6072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/comments?post=6072"}],"version-history":[{"count":0,"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/posts\/6072\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/media?parent=6072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nurol.com.tr\/en\/wp-json\/wp\/v2\/categories?post=6072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}