Baku, Azerbaijan, July 21
By Rufiz Hafizoglu – Trend:
The first part of the third airport will be fully commissioned in Istanbul in late October 2018, the Turkish Ministry of Transport, Maritime and Communications told Trend July 21.
However, the new airport will be able to receive aircraft from February 2018, the ministry said.
According to the source, the third airport in Istanbul will contribute to the economic development of Turkey.
"AİRPORT CİTY", which will include a network of shops, logistics and exhibition centers, will be also built at the airport.
Limak-Kolin-Cengiz-MaPa-Kalyon consortium of companies won the tender for construction of the airport.
Earlier, the air transport department of Turkish Ministry of Transport, Maritime Affairs and Communications told Trend that the construction of this airport will cost 10 billion Turkish liras.
Turkey's Ziraat Bankasi allocated 1.54 billion euros, while Halkbank and Vakifbank - 1 billion euros, Denizbank - 500 million euros, Garanti and Finansbank - 300 million euros in October 2016, according to the report.
The third airport is being built near the Lake Terkos in northern Istanbul.
Initially, the airport will serve 90 million passengers per year and further, this figure will increase to 150 million.
This airport is expected to be one of the biggest ones in the world and will be named after the country's President Recep Tayyip Erdogan.
Currently, 55 airports operate in Turkey.
(3,536.8 TRY = 1 USD on July 21)