3. flash development related to the airport

Flash development related to 3rd airport: 3. The Capacity of the Airport is Increased to 180 Million Due to the increase in passenger traffic in Istanbul, the total capacity of the third airport is increased from 150 million to 180 million.



Conditions began to emerge in the financing of the 25rd airport, which was tendered for 22.1 billion Euros for a 3-year lease with the Build-Operate-Transfer model.

The Limak-Kolin-Cengiz-Mapa-Kalyon Joint Venture Group, which won the tender for the 7rd airport, the foundation of which was laid on June 3, continues the construction with its own resources, while also holding negotiations for financing.

As far as the mother said, the 8 domestic bank is involved in the negotiations to participate in the financing, while the project shows that foreign banks and eximbank are also relevant.

180 MILLION WILL BE CAPACITY

In the first phase of the project, a financing package is prepared for 90 million passenger capacity.

An important detail on the package is that the 4 million passenger capacity announced for the entire airport project planned to be constructed as 150 phase has been increased up to 180 million.

90 + 90 MILLION PASSENGER

It was previously announced that the first phase, which is planned to be completed in 2017, will have a capacity of 70-90 million passengers. However, it was stated that the consortium decided to make the first phase according to the passenger capacity of 70 million instead of 90 million.

The reason for this is that the annual passenger capacity of Atatürk and Sabiha Gökçen airports in Istanbul has already exceeded 70 million.

Based on the prediction that this figure will approach 2017 million levels in 90, it was decided that the project should be planned accordingly in the first place. Therefore, the 150rd airport project, which is launched as the world's largest airport project with an annual capacity of 3 million passengers, is planned according to the increase in passenger traffic in Istanbul with a latitude of 90 + 90, at the end of 25 years, 180 million passengers.

LOOKING

The figures are '3. does the airport grow before it even starts? ' sources close to financing, “3. The airport is an attractive project for lenders with its potential and public guarantees. Many domestic and foreign banks are willing to participate in financing. Eximbanks are particularly concerned with the financing of the second phase of the project.

4 YEAR PAYMENT 16 YEAR TERM

The details of the financing talks for the first phase of the project are as follows: The Consortium is currently on the table with İşbank, Akbank, Yapı Kredi, Garanti, Denizbank, Halkbank, Ziraat Bank and Vakıfbank from domestic banks. 6.6 billion Euro investment in the first stage of the planned project.

4.3 billion Euros of this will be used as a loan, while the rest will be covered by the Consortium equity. It is stated that the maturity of the loan, which is planned without payment for 4 years, may extend from 12 years to 16 years. It is stated that 6 to 10 local banks can participate in the package, which is currently negotiating and the terms of which have not yet been finalized.

SIDE WORKS LOCAL TO DOMESTIC BANKS

3 of domestic banks. One of the reasons for the project's close relevance to the airport project is the flow of funds and new areas that the project will provide. The financing of the connection roads to be made for the airport and the new activities that will occur with the new operation areas to be formed as a result of the activation of the airport were huge potential for the domestic banks, especially for the retail banking activities and they were willing to participate in the financing package.

22.1 BILLION EURO TENDER

In the 2013rd Airport Tender held in May 3, Limak-Kolin-Cengiz-Mapa-Kalyon Joint Venture Group gave the highest bid with 22 billion 152 million Euros.

Upon completion of the project, 165 passenger bridge, 4 separate terminal building, 8 inspection tower, independent 6 runway suitable for operation of all types of aircraft, 16 automobile road, 500 will be an apron of 6.5 million square meters in total.

The construction cost is expected to be completed at the end of 10 247 billion 2018 million Euros.


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