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 ...

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 ...

It is known that the giant city of Istanbul has two airports, namely Atatürk Airport on the European side and Sabiha Gökçen AP on the Asian side. The huge traffic the megapole has been receiving recently has shown the capacity is not going to be sufficient soon. The government has been long drawing attention to this saying a third airport is on the way. Withing in this framework, the Metropolitan Municipali ...

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 ...

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 ...

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 ...

Speaking at a meeting held by the Republic of Turkey Prime Ministry Investment Support and Promotion Agency (ISPAT) with CEO’s from a series of South Korean mega firms, Prime Minister Erdoğan stated, “There are serious investment opportunities in Turkey. Don’t be too late, come and invest. We will facilitate investments in every way, including lifting bureaucratic obstacles.” While in Seoul to attend the Nu ...

Istanbul, a giant city challenging world giants such as Moscow, Paris, London, Tokyo, New York and many more, was described as the most promising place for real estate investments in 2012 in a study conducted with hundreds of expert administrators. It is indeed so as the country has a remarkably strong economic growth (is spite of global crisis) and the city has a young and energetic population hungry for “ ...

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 ...

On the sidelines of South Korean President Lee’s visit to Turkey, the two countries may sign a $2 billion deal for a to-be-built coal-burning power, Yonhap news agency says. Similar projects may be on the way, it says South Korea will sign a preliminary pact to build power plants in Turkey in a deal worth about $2 billion, Yonhap News reported, citing an unidentified official at South Korea’s presidential o ...

Only days after a failed government tender for the construction and operating rights of a large toll road and a third bridge over Istanbul’s Bosphorus, Japanese candidates decide to set up a consortium to re-try their chances Four Japanese firms are still interested in building a third bridge over Istanbul’s Bosphorus following the failed tender by the Turkish government Jan. 10, according to a Japanese dip ...

After the Arab Spring, Turkish firms are taking on a leading role in the region’s new restructuring. While businessmen traffic with North Africa increases, Western firms have been pushed to the background. Interest is increasing in Turkish firms for the newly restructuring of countries which experienced the Arab Spring. With forums and meetings held one after the other, Turkish firms are participating much ...

Turkey, Azerbaijan sign gas pipeline deal Turkey's Energy Minister Taner Yıldız signed an agreement in Ankara today with his Azerbaijani counterpart Natig Aliyev for the construction of a natural gas pipeline. The deal on Trans-Anatolian Natural Gas Pipeline envisages sale of  Azerbaijani natural gas in Turkey as well as in Europe via Turkey. Azerbaijani SOCAR, Turkish Petroleum Pipeline Corp. (BOTAŞ) and T ...

Growth may accelerate in the coming months as demand picks up with the removal of obstacles for foreigners who want to purchase property in Turkey. Despite a slight slowdown in growth in the third quarter, the Turkish construction sector is still achieving double digit growth, according to the Association of Turkish Building Material Producers’ (İMSAD) latest report. İMSAD expects there to be a further incr ...

TOKİ has become a source of inspiration for Iraq, which is in need of at least 2.5 million residences by the year 2016. Iraq’s Construction and Housing Deputy Minister Istabraq İbrahim Al Shouk states that they consider Turkey’s Administration of Housing and Development as an example for their own model of construction. While Iraq embarks upon expediting the reconstruction program in Iraq following the Sadd ...