The Iraq Infrastructure & Construction Summit will take place 22-23 May in Dubai, just after the Iraq local elections With less than a month to go, the Iraq Infrastructure & Construction Summit hosted by global summit organiser, IRN will take place 22-23 May at the Jumeirah Beach Hotel in Dubai. Supported by the Deputy Prime Ministers Office, Ministry of Transportation, Ministry of Construction and ...

The USA came to Iraq to bring democracy and peace. It took ages before the Americans left the country back home leaving millions of dead people in Iraq. The question has always been “Has this giant operation been successful to accomplish its mission? Is true democracy and peace established in Iraq, now?”. The answer is not very encouraging we are afraid as could be figured out judging on the chaos and bruta ...

IRN (International Research Networks) has annnounced that the Balkans Infrastructure & Construction 2013 Summit, is going to be held in Vienna, Austria, on the 29th – 30th May 2013. The group has also declared that ministers from Croatia, Bosnia & Herzegovina, Albania, Serbia, Montenegro & Republic of Macedonia are going to participate in the summit. IRN is known for organising high-profile summ ...

The prime minister has made some top important statements regarding the tender for privatization of Turkey’s roads and bridges a short while ago. In an interview on a prominent TV channel on February 1st Mr. Tayyip Erdoğan who obviously sounded unhappy with the result of the tender said; "We will review the privatization offers, for example for the highways or bridges. We have much bigger expectations" refe ...

Turkish Construction sector the major locomotive of the Turkish economy has shown great performance in 2012 as well. Economy Minister Zafer Caglayan informed that the Turkish construction sector had undertaken 72 projects worth $ 4.6 billion in Turkmenistan this year. Caglayan stated the total value of the projects undertaken by the Turkish contracting companies in 2012 had reached $ 17.6 billion, to includ ...

A group of U.K. construction firms with representatives accompanying British Deputy Prime Minister Nick Clegg during his visit to Turkey have set their eye on participating in building Turkey’s possible Olympic facilities along with yet-to-be-built stadiums, such as Besiktas’ Inonu Stadium. A successful Olympic Games experience this summer is making U.K. firms even more assertive as they search for local pa ...

A Turkish contracting firm, Gulermak is going to construct the Warsaw subway, one of the biggest investment projects in Poland. Gulermak with their partners Astaldi (Italy) and Polish (PBDiM) had signed the Contract for Warsaw Metro Line 2 Section, between Dasynskiego and Wilenski Stations, on 28.10.2009. The new line will be 7 km long and will be completely underground. There will be seven stations on both ...

The Istanbul Municipal Assembly approves a plan, which gives way to for the government to open a tender to realize the Haydarpaşa Port Project. The historical station may lose its public funciton, says a professional The Haydarpaşa Train Station, built in the beginning of the last centure, is one of the symbols of Istanbul. the government wants to initiate a large transformation project to establish a main ...

A Turkish-Italian joint venture has won a tender to build a third suspension bridge over Istanbul’s Bosphorus. Turkey’s highways authority currently has 5,550 km long, 24 new build-operate-transfer model projects on the agenda, in its bid to cut energy expenses and gain time. The Northern Marmara highway project, a large plan that includes a third bridge over Istanbul’s Bosphorus, will save nearly $1.8 bill ...

With a joint venture by Limak and MNG Holding, the Saudi Arabian capital of Riyadh will finally have access to water. The partners plan to purify sea water which they will then bring to the city. e-mail SendPrint  Limak Holding Executive Board Chairman Nihat Özdemir reveals that they are working on a vital project in Saudi Arabia. Speaking as a guest on a program entitled "İş'te Hayat", broadcasted on A Hab ...

Minister names location for 3rd Istanbul airport The Turkish government has taken first steps to start contruction process for a third airport to meet the rapidly growing demand in Turkey’s largest city in terms of population. The government has begun procedures to nationalize a plot of land ahead of the construction of a third Istanbul airport, according to Transport Minister Binali Yıldırım. If the proces ...

Turkey aims to announce a tender competition for the construction of a third airport in Istanbul this month with a view to completing the bidding by the end of 2012 after spending 18 months choosing the site. Transport Minister Binali Yıldırım told reporters late on Wednesday plans for the project were now with the state planning committee (DTP), but tender documents would be published in August as soon as ...

Last week, major global players in the three trillion dollar worth steel industry, including firms US Steel, POSCO and Nippon Steel as well as billionaires Lakshmi Mittal and Alexei Mordashov gathered for a World Steel Association meeting held in Istanbul’s Çırağan Palace. While Istanbul is fast becoming the region's financial center it has also become a prime destination for decision-making on the global f ...

Turkish firms, which have created 12.9 billion dollars worth of projects in Iraq, sat down with Japanese firms to discuss the billion dollars worth of collaborative potential in areas spanning from infrastructure, energy, education and health. Turkish and Japanese firms appear to be set to sign on to be a part of this transitional period in Iraq together. "The Turkish-Japanese Cooperation Seminar in the Ira ...

İçtaş-Astaldi Consortium wins bid for Northern Marmara Highway İçtaş İnşaat Sanayi Ticaret and Italy’s Astaldi consortium won the bid for a part of the Northern Marmara Highway Project, which includes a third bridge over the Bosphorus at yesterday’s tender at the Highway Authority in Ankara at 1:00. İçtaş İnşaat Sanayi Ticaret-Astaldi Joint Venture and Cengiz İnşaat-Kolin İnşaat-Limak-Makyol İnşaat-kalyon İ ...

Bulgaria, Turkey and Qatar have agreed to form a common project company to build a highway on Bulgarian territory, the Bulgarian minister of regional development and public works said after a trilateral meeting May 24. The cost of the four-year project is estimated at $965 million. The highway is planned to connect the city of Ruse by the Danube River bordering Romania to the city of Svilengrad right by the ...

Turkey, frequently affected by devastating earthquakes, will transform the areas which are under the risk of environmental disasters. Parliament adopted a law on Thursday which envisages the renewal and transformation of areas that are under earthquake risk. Turkish Environment & Urbanization Minister Erdogan Bayraktar said that residence stock in Turkey nearly reached 20 million, and 40 percent of thos ...

Genel Energy with Turkish partners, extends its presence in northern Iraq with a $175 million contract to search for oil. Mineks, a health sector investor, puts cash into a large hospital in the recovering city of Arbil Turkish companies show no sign of hesitation in investing in northern Iraq despite the regional instabilities and the ongoing problems between the Kurdistan Regional Government (KRG) in the ...

A tanker assisted by pilot ships passes through Istanbul’s Bosphorus. Minister Binali Yıldırım says a canal project will cut the dangerous traffic on the Boshporus. Transportation Minister Binali Yıldırım praised the Cancal Istanbul project yesterday at the First Marmara and Black Sea Conference in Istanbul, saying it would be finalized in five to six years, and that the project was aimed at protecting the ...

Tenders for two of Turkey’s largest infrastructure and privatization projects—the building of a third bridge over the Istanbul Strait and transfer of operating rights of 2,236 km-long highways—are expected to kick off in the coming months. The final application date for the preliminary qualification regarding the highway and bridges privatization and the final bidding for the building of the third bridge ov ...

Residential sales in Istanbul are steadily increasing as more foreign nationals and firms migrate to Istanbul, Turkey’s financial and cultural center. More foreign nationals and firms generating prospects for strong demand and urban transformation projects are causing an increase in home sales in Istanbul, according to a monthly report issued by a construction association. “The prospect of projects aiming t ...

Environment and Urban Planning Minister Erdoğan Bayraktar has announced that the number of ‘green buildings’ will be increased as part of the urban renewal plan. In addition, the state will be offering incentives for the use of environmentally friendly products.Held for the first time this year with the support of the Ministry of Environment and Urban Planning, the International Green Building Summit commen ...

The Istanbul municipality decides to set no limit on the height of buildings to be constructed on a valuable land belonging to the public transport authority. The step sweetens a sales agreement for possible bidders. The Dubai sheik, who had initially bought the land, has withdrawn from the sale due to former limitations. The sale of the 46,000 square meter plot in the business center of Istanbul, where man ...