Page 35 - World Of Nurol Magazine-27
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“We are
              business of the project.       provide a saving of 600-650 million  peculiar. What is exactly meant
                                             US Dollars per year to the economy  with that?                 connecting
              The third company is  Otoyol  due to the shortened route and                                  three of the
              Management and Maintenance  prevented traffic congestion.      Smart Motorway application to be
              Inc. (OİB) is the company which is                             downloaded via the cell phone will   most developed
              responsible for the project design,  What are the major stages of  become functional in stages.  provinces of
              construction and management of  the  project  in  sequence?  Would  • Weather-Road Condition info.  Turkey that
              the 33 service stations (gas stations,  you make explanations about  • Special Motorway Radio
              sales centers, food units) that we  the motorway, connection roads,  •  Resting  areas,  recreation make the largest
              are going to establish along 400  viaducts, bridges and tunnels? We  places, food courts, shopping   contribution to the
              km. Our cofounder firms participate  know that there will be different  opportunities, emergency car repair
              with the same share structure to  structures where services will be  points, retail brands promotion   national economy,
              all  these  three  companies.  Fourth  provided such as toll booth areas,  messages announcement channel  namely Istanbul,
              company is  GİİP, which performs  park areas, services areas?  • Possibility to make reservation for   Bursa and Izmir,
              the  management  of  the  highway                              restaurants and similar places on
              (traffic management, fare collection  Project Characteristics Data:  the way                  to each other with
              systems, repair and maintenance,  • Route Main Body Length: 384 Km  • Mapping the covered distance,   a contemporary
              profit campaigns, accident response  • Bursa Peripheral Road (open to  pinning the visited locations.
              etc.). 50 % of this company belongs  traffic): 21 Km           It will be possible to share the   motorway.
              to Otoyol Inc. and the other 50%  • Total Main Body: 405 Km    experienced road summary over  According to the
              belongs to French EGIS firm which  • Connection Roads: 49 Km   Facebook, Twitter and Instagram.  projection studies
              has international experience in  • Junction Arms: 140 Km
              highway management.  We have  • Side Roads: 26 Km              Can we now get some information  performed on
              talented General Managers in                                   about  financing?  How  much  loan   the subject, it is
              managing for each of the four  Number of Bridges, Viaducts,  has  been  obtained  for  which
              companies.  Above  them,  I  myself  Tunnels, Service Facilities, and  part of the project and for what   expected that the
              strive  to  coordinate  the  whole  Maintenance Operation Facilities  period?  What  is  the  equity/debt  Project will provide
              structure.                     are as follows:                 structure? Was additional load   an added value
                                                                             used afterwards?
              Now we can talk about the project.                                                            of approximately
              We are talking about the greatest                              The first loan for the project was   11-12 billion TL
              project in Turkey that is being                                borrowed in 2013 in the amount
              implemented with build-operate-                                of 1.4 billion US Dollars for   per year to the
              transfer model. Within the scope                               Gebze-Gemlik  section,  including  national economy
              of the Application contract, which                             Osmangazi Bridge. In 2014, an   and additional
              took effect in 15 March 2013 upon                              addition of 600 million US Dollars
              being signed by the Highways                                   was made to this loan, thus  employment for
              General Directorate and Otoyol                                 financing for the motorway section   15.000 persons,
              Investment and Management Inc. in                              from Gebze to Bursa was provided.
              2010, a total of 433 km road is being                          Finally, we signed a new loan   especially in
              constructed, including 384 km of  *3 Junctions are located on the  package in the amount of 5.0 billion  automotive,
              motorway and 49 km connection  existing Bursa Peripheral Road.  US Dollars in 2015 we paid back the   textile and tourism
              roads. Could you please tell us  They are not included in the number  old loans of 2013 and 2014 using
              about the development process of  of junctions.                this new loan.  We estimate that  industries.”
              the project before the signing step?                           when  the  project  is  completed,
                                             We had heard about smart  68% of the cost of the construction
              The process before the signature of  buildings. But the term “smart  phase will be financed with loans
              the application contract happened  motorway”  sounds  somewhat  and 32% with equity.
              as follows;







              What kinds of benefits will the
              Project provide in the economic and
              social context and which regions
              will it affect?

              We are connecting three of the most
              developed provinces of Turkey that
              make the largest contribution to the
              national economy, namely Istanbul,
              Bursa and Izmir, to each other with a
              contemporary motorway.According
              to the projection studies performed
              on the subject, it is expected that the
              Project will provide an added value
              of approximately 11-12 billion TL per
              year to the national economy and
              additional employment for 15,000
              persons, especially in automotive,
              textile and tourism industries.  Orhangazi Tunnel Entrance
              Also, when the whole project is
              commissioned,  it  is  expected  to

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