Owner of one of Istanbul airports’ 100% shares announced
Baku, Azerbaijan, Oct. 24
By Rufiz Hafizoglu - Trend:
"Malaysia Airports" company becomes the full owner of the Istanbul Sabiha Gokcen Airport, where it owned 60 percent of the shares, the Turkish newspaper Hurriyet reported Oct. 23.
"Malaysia Airports" company bought the remaining 40 percent stake of the airport from "Limak Grub" company, which put them up for sale, the newspaper reported.
This deal cost "Malaysia Airports" company 285 million euros.
Istanbul's Sabiha Gokcen Airport was built in 2001. Limak-GMR-Malaysia Airports consortium of companies has managed this airport since that period.
The total area of the airport is 320,000 square meters.
GMR sold its stake equity in "Malaysia Airports" in 2014. As a result, the share of the latter reached 60 percent.
There are 69 airports in Turkey, 21 of them - international airports, 31 - used for domestic flights, 17 - military airports.
Turkish Ministry of Transport, Maritime Affairs and Communications earlier said in its report that currently, seven new airports are under construction in the country.
The ground-breaking ceremony for the third airport took place in Turkey's Istanbul city on June 7, 2014 in accordance to the agreement signed in May 2013.
The Limak-Kolin-Cengiz-MaPa-Kalyon consortium won the tender for the airport construction, offering 22.1 billion euros for the project.
Earlier, the Air Transport Department of the Turkish Ministry of Transport, Maritime Affairs and Communications told Trend that the construction of the third airport in Istanbul will cost ten billion Turkish liras.
The third airport, which is expected to be one of the largest airports in the world, is being constructed near the Lake Terkos in the north of Istanbul.
Initially, the airport will be able to serve 90 million people per year, with the possibility of reaching 150 million passengers.
The airport will be named in honor of Turkish President Recep Tayyip Erdogan.
The official exchange rate is 2,8565 TL/USD Oct. 24.
edited by CN