Bridges and motorways became a partnership of Koç-Ülker-UEM

Bridges and highways became the partnership of Koç-Ülker-UEM: The privatization tender covering the Bosphorus and Fatih Sultan Mehmet bridges with a total length of 1975 and eight motorways was completed. In the first round without qualifying, the starting price was 3.83 billion dollars, while the Koç-Ülker-UEM partnership awarded 5 billion 640 million dollars in the elimination round. When the tender commission wanted 5 billion 720 million dollars, the Koç-UEM-Ülker Group wanted a break to make a decision. The partnership accepted this offer on the return of the break.
One of Turkey's largest privatization tender for the privatization of bridges and highways ended up in a very short period of time.
In the first round without qualifying, the starting price was $ 3.83 billion. Nurol Holding AŞ - MV Holding AŞ - Alsim Alarko Sanayi Tesisleri ve Ticaret AŞ - Kalyon İnşaat Sanayi ve Ticaret AŞ - Fernas İnşaat AŞ Joint Venture Group have been eliminated.
Immediately afterwards, “Koç Holding AŞ - UEM Group Berhad - Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş Joint Venture Group” submitted 5 billion 630 million dollars. When “Autostrade Per IItalia SPA - Doğuş Holding AŞ - Makyol İnşaat Sanayi Turizm ve Ticaret AŞ - Akfen Holding AŞ Joint Venture Group” did not exceed this offer, the highest bid remained in the partnership of Koç-Ülker-UEM.
At the request of the tender commission of the Koç-Ülker-UEM partnership, the price of 5 billion 720 million dollars has increased and the tender has been concluded.
Bridges and highways privatization tender of Turk Telekom was the highest after 6.55:XNUMX billion privatization of Turkey's history.
In the consortium that won the tender, Koç and UEM Group have 40% share and Ülker Gözde Girişim has a 20% share.
We reinforce confidence in the future of Turkey
Koc Holding in a statement after the tender Tourism, Food and Retail Group President Tamer Haşimoğlu, said that they have been given the high stakes for Turkey to strengthen confidence in the future again.
Haşimoğlu said: “It will pass the approval of the Privatization Agency and the Council of State. Today, Turkey is going through a very difficult process. as domestic and foreign investors again, we have strengthened confidence in the future of Turkey. It was a very open and transparent process. As the stages are passed in the coming period, we will share information. Necessary investments are specified in the tender specifications. We will continue investments to maintain the standards specified in the technical specifications. We have completed our work on financing. We have a long process ahead, there may be some changes in financing. The Third Bridge will be built within the period stipulated in the tender specifications. ”
Haşimoğlu answered the question “Ask the Commission for the answer” to a question regarding the last price, which was 5.64 billion dollars increased to 5.72 by the Tender Commission.
3 consortium joined the tender
1 January 2001 30 2012 3.3 3.8 6 XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX XNUMX The expected revenue from privatization is over $ XNUMX.
Three 3 consortiums participating in the tender for bridge and highway privatization, one of the largest privatization processes, are as follows:
- “Nurol Holding AŞ - MV Holding AŞ - Alsim Alarko Sanayi Tesisleri ve Ticaret AŞ - Kalyon İnşaat Sanayi ve Ticaret AŞ - Fernas İnşaat AŞ Joint Venture Group”,
- “Koç Holding AŞ - UEM Group Berhad - Gözde Girişim Sermayesi Yatirim Ortakligi AS Joint Venture Group”
- Autostrade Per I'Italia SPA - Doğuş Holding AŞ - Makyol İnşaat Sanayi Turizm ve Ticaret AŞ - Akfen Holding AŞ Joint Venture Group.
No arbitrary price will be determined
In terms of price increases, only the increase in fees that will be determined in the contract will be applied based on the highway and bridge tolls that were in force at the date of Law No. 6001 and still remain valid. There will be no arbitrary price determination by the operator. In addition, the operator will have additional investment obligations such as expanding lanes and constructing connection roads in order to improve the existing infrastructure.

Source: Hürriyet

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