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Risk Management in Transport PPP Projects

In the Islamic Countries

225

The economic growth of the country has also been coupled with an increase in the use of PPP

projects. Over 240 PPP projects have been implemented in the country for a total budget volume

of nearly USD 140 billion (PSB 2018).

The following Table provides detailed information on the PPP projects implemented in Turkey

in the transport sector, according to interviews with the Turkish authorities performed as part

of this study.

Table 39: PPPs in the transport sector in Turkey

N

/

O

Project Name

Transport

mode

Type of PPP

Asset

already in

operation

Concession

Period

Procuring

Authority

1

Gebze – Orhangazi –

Izmir (incl. Izmit bay

pass and access

roads) motorway

Road

Build, operate,

and transfer

In

operation

23 years 11

months 14

days

KGM

2

Northern Marmara

motorway (incl. 3rd

Bosphorus section)

Odayeri-Paşaköy

(incl. access roads)

section

Road

Build, operate,

and transfer

In

operation

12 years 11

months 26

days

KGM

3

Northern Marmara

motorway (incl. 3rd

Bosphorus bridge)

Kurtköy-Akyazi (incl.

access roads) section

Road

Build, operate,

and transfer

Partially

8 years 9

months 8 days

KGM

4

Northern Marmara

motorway (incl. 3rd

Bosphorus bridge)

Kinali-Odayeri (incl.

access roads) section

Road

Build, operate,

and transfer

Partially

9 years 1

month 10 days

KGM

5

Menemen-Aliaga-

Candarli motorway

Road

Build, operate,

and transfer

No

13 years 1

month 5 days

KGM

6

Ankara – Nidge

motorway

Road

Build, operate,

and transfer

No

15 years 8

months 19

days

KGM

7

Kinali-Tekirdağ-

Canakkale-Savaştepe

motorway Malkara-

Canakkale section

(incl. 1915

Canakkale bridge)

Road

Build, operate,

and transfer

No

16 years 2

months 12

days

KGM