High Speed ​​Robbery claim made Cengiz Construction press release

Cengiz Construction made a press release for the claim of High Speed ​​Robbery: I was the Chairman and Chairman of the Board of Directors of Cengiz İnşaat Sanayi ve Ticaret A.Ş. The information in the press about m High Speed ​​Robbery. is completely unfounded, unrealistic and intended for us.
The İnönü - Vezirhan - Köseköy part of the High Speed ​​Train Project has remained under our commitment as a consortium with Cengiz-IC İçtaş and Chinese CRCC-CMC companies with the tender held in 2006. To give some complementary information about this commitment;
• 720 Million USD loan (China (5) with no 20 year, with 2 fixed interest), which is provided from China Eximbank for this project, is one of the lowest cost loans ever brought from abroad.
• Contract unit prices are fixed on a US dollar basis and no price difference has been paid to date.
• Due to the appreciation of TL against the US dollar during the construction of the business, almost all of our unit prices and main material inputs remained below the current market prices, but the construction of the business continued.
• In this segment, which is one of the most critical and challenging routes for a High Speed ​​Train Project, no costs were avoided and the work was completed at the level of 99 in order to complete the work on time. .
As Cengiz Construction, we have been in the last 225 year for the X Best International Contractors List Müt (ENR Top 225 International Contractors) where 10 company is located. The contracting services abroad should be considered as a national issue due to its foreign currency earning capability. Today, Turkish companies are in the world of international contracting services 2. and as Cengiz Construction, it should be accepted as a success in the name of this country. We see our company as a serious barrier to the Turkish private sector by using the media as a curtain of political fights.
Today, we are appreciated for our successes in our projects both in Turkey and abroad. We have always paid attention to the contractual obligations, technique and quality of the work we have done and in the projects we have carried out, and therefore we believe that we have left positive impressions in the companies we work and in the regions where we work.
With the modernization works and investments made to our factories and facilities which have not been invested in our country for years, our group has made it competitive with the most modern facilities of the world.
Our company is a large and powerful group running about 25.000 workers. All the projects we have realized are very clear in terms of physical and monetary terms. It is always inspectable and auditable. We have no accounts that cannot be given. No doubt that such intimidation will engage us more with our employees and will lead us to work harder.
 

Armin

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