Page 43 - Engilish 2015 Annual Report

OTOYOL YATIRIM ve İŞLETME A.Ş. ackground; completed by signing the finance documents on June

the tender for Motorway Project for Gebze - 05,2015. Thus, the funding required for the entire project in
BOrhangazi - Izmir (including İzmit bay crossing and the form of refinanced loan of 2 billion USD for Phase I and
Connection Roads) was conducted on 9 April 2009 and the Phase II A as well as funding required for Phase II B have
proposal submitted by Nurol - Özaltın -Makyol - Astaldi - been secured with a new loan package amounting to 4.956
Yüksel - Göçay Group was selected as to be the best billion USD. As of the end of March 2016, approximately 3,84
proposal with 22 years and 4 months construction and billion USD has been spent towards project costs, divided as
operating period. follows: Phase I 2,65 billion USD, Phase II A 410 million USD
and Phase II B 780 million USD.
OTOYOL YATIRIM VE İŞLETME A.Ş. was founded on 20
Kemal Yavuz BATUM September 2010 with the contribution of the companies Turkish Leadres;
CEO (Nurol - Özaltın -Makyol - Astaldi - Yüksel - Göçay) to perform
the works of construction, operation and transfer of Gebze - Akbank, Finansbank, Ziraat Bankası, Garanti Bankası, Halk
Orhangazi – Izmir (including İzmit bay crossing and Bankası, İş Bankası, Vakıflar Bankası, Yapı ve Kredi bankası.
Board Foundation Date : 2010 Connection Roads) Motorway Project through Build -
M. Oğuz ÇARMIKLI Headquarters : ANKARA / TURKEY Foreign Leadres;
Tommaso SABATO Number of Employees : 351 Operate - Transfer model.
Hayrettin ÖZALTIN Total Number of Employees in Project: 6.280 The project implementation agreement was signed Deutsche Bank, Saudi National Commercial Bank, Bank of
Adnan ÇEBİ China, Siemens Bank.
M. Erdal EREN between the General Directorate of highways and OTOYOL
M. Ali ÇEBİ YATIRIM VE İŞLETME A.Ş. on 27 September 2010. Project and Route

CEO Technical Managers Project Manager The ceremony go start of construction works in Gebze for As this new project will shorten the route about 140 km when
Kemal Yavuz BATUM Salim HUNÇ (Design Monitoring Man.) Fatih ZEYBEK (Suspension Bridge Const.) Gebze - Orhangazi - Izmir Motorway Project took place on compared to the current state highway, the travel time
Serkan KIRDOĞAN (Environmental Man.) Melih ŞİVİLOĞLU (Bursa - Susurluk) 28 October 2010 in Dilovasi district of Kocaeli Province and corresponding to 8-10 hours will be shortened to 3,5 - 4
CFO Mehmet İstemi ÖZESER (HS Man.) Rıfat Özcan BAŞKAZANCI
Fatih Mehmet COŞAN Sait ÖZYURT (Quality Assurance Man.) (Southern Approach Viaduct Constr.) Ceremony for start of construction works in İzmir was held hours, which will provide TL 870 million saving a year in turn.
Mahmut ÇEVRİ (Technical Office Man.) Necati BULUT (Kırkağaç - İzmir) in Alsancak Cumhuriyet Square on 27 February 2011.
General Manager Ümit ÖNSAL (Service Facilities) The starting point of the project is Gebze and the Motorway
Hikmet TUĞLU (Construction) Legal Consultancy İlhan BORA (Balıkesir - Kırkağaç) İstanbul - Bursa - İzmir Motorway, Intersections between will cross İzmit bay located between Dilovası and Hersek
Bülent ESENDAL (Operation) Murat SÜMER Erdoğan VARLIK (Susurluk - Balıkesir)
Alp GÜRDİL (Service Facilities) Dilara ZAİM Ceyhun ÇETİN ( Gebze - Orhangazi - Bursa) Gebze and Gemlik (including Osmangazi Suspension through a Suspended Bridge of about 3.000 meters
Osman AÇIKALIN (NÖMAYG) Nur DOĞAN Bridge) has been opened to traffic on July 1, 2016. length, then will extend to Orhangazi and Gemlik and be
connected to Bursa Ring Road at Ovaakça intersection.
Vice Director General Otoyol Yatırım ve İşletme A.Ş.
Abidin AKBULUT
Ali Nebil ÖZTÜRK Procured services such as gulf soil surveys, motorway Following the Bursa Ring Road which is already
Kutlu KATAR operational, the Motorway reaches Balıkesir starting with
Halil OMURTAK route soil surveys, signature of Motorway and Suspended Bursa - Karacabey intersection and continuing through
Murat KOŞAL Bridge construction contract and design works, legal
Ayhan ŞAHİN infrastructure studies and project consultancy services for the north of Susurluk. It continues south from the west of
the motorway project and performed activities required Balıkesir, ahead via Savaştepe, Soma, Kırkağaç districts
for preliminary preparation activities in physical aspects and continues towards the west near Turgutlu. It moves
and project financing. along paralel to İzmir - Uşak state highway and finally
connects with Anadolu Lisesi intersection over the İzmir
The Project financing for Phase I (from Gebze to Gemlik ring road.
Intersection including the Osmangazi Suspension Bridge)
and Phase II A (from Gemlik Intersection to Bursa The project has a total length of 433 km including
Intersection) were completed in the first quarter of 2013 a highway length of 384 km and an access road length of
and in the second quarter of 2014, respectively. 2,0 billion 49 km. Along the route, there are 38 viaducts with a total
CONTACT INFORMATION USD loan was secured via a 1,4 billion USD equity length of 21.547 m, including the Osmangazi Suspension
commitment by shareholders. Bridge and the Northern/ Southern Approach Viaducts,
Address : Üniversiteliler Mah. Bilkent Plaza 3 tunnels with a total length of 6.380 m, 169 bridges, 20 toll
A3 Blok No:21-24 Bilkent 06800 The process of refinancing this debt to extend the maturity
Çankaya - ANKARA / TURKEY collection areas, 25 intersections, 4 Highways and 2 Tunnel
Telephone: +90 (312) 291 33 00 and secure required additional funding of 3,0 billion USD Maintenance-Operation Centres, as well as 35 Service
Fax : +90 (312) 266 09 95
for Phase II B (from Bursa Intersection to İzmir) was
otoyol@otoyolas.com.tr Stations and Parking Areas.
www.otoyolas.com.tr

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