Izmit – Astaldi has announced it will provide $ 5 billion for the construction of the Gezbe-Orhangazi-Izmir motorway, which will include the fourth longest bridge in the world to cross the bay of Izmit. According to a statement released by the company on 8 June, the funding was provided by a consortium of banks including Akbank, Deutsche Bank AG, Finansbank, Garanti Bank, Halkbank, Vakıfbank, Yapi Kredi and Ziraat Bank. Astaldi confirmed that this fund will be used to complete the final part of the motorway, between Bursa and Izmir, and for the refinancing of the sections under construction along Gezbe-Orhangazi-Izmir. With this operation, the financial coverage of the entire project is complete. The project is supervised by “Otoyol Yatırım ve İşletme AŞ”, a joint venture between Astaldi and the Turkish Nurol, Makyol, Özaltın and Göçay. (9Colonne)
