The Gebze-Orhangazi-İzmir Highway Project, which will shorten the driving time between İstanbul and İzmir to 3.5 hours, is one of the leading projects deemed worthy of an awarding in many different areas, from project financing to contribution to the economy. For the financing of approximately 8 billion dollars, Otoyol Yatırım ve İşletme A.Ş., which undertook the construction of the project, sourced a 5 billion dollar loan from eight Turkish banks and four foreign banks and financial institutions. Obtaining a loan at such scale was a long and laboured process that included domestic and foreign legal advisors, technical and financial advisors, and many official institutions, including public institutions, the Ministry of Transportation, the Directorate General for Highways, the Undersecretariat of the Treasury, the Ministry of Finance and creditors. Otoyol A.Ş. completed the process successfully, and as a result, received a number of awards from various financial institutions and media organs in 2015 and 2016. Capital reviewed the award success of Otoyol A.Ş. related to this successful process.
World Finance – Project Finance Deal of the Year 2016, Bond & Loans 2015, First place – Syndicated Loan Deal of the Year, First place – Project Finance Deal of the Year, Second place- Infrastructure Deal of the Year, Second place – Transport Finance Deal of the Year, EMEA Finance – Project Finance Awards 2015, Best infrastructure deal in EMEA and the Best transport infrastructure deal in CEE are among the awards given to Otoyol A.Ş. for the Gebze-Orhangazi-İzmir Highway Project in 2015 and 2016.