Page 94 - TURKRptOct19

The 19% annual increases in international passenger numbers at the airports located in the popular holiday destinations Izmir and Antalya suggested that foreign tourist figures remained strong.
New mega airport, Istanbul Airport, which took over from Ataturk Airport as Istanbul’s main passenger airport on April 6, hosted 29mn passengers.
If all goes to plan, Istanbul Airport will welcome 200mn passengers annually after the completion of all four of its phases, with six runways, by 2028.
Istanbul’s second airport, Sabiha Gokcen, saw a 3% y/y increase to total of 23.5mn passengers with domestic passengers declining 6% to 14.4mn and international passengers rising 20% to 9.1mn.
● Others
Spain-based shipping and logistics company Perez y Cia Sociedad Limitada is exiting Turkey by selling its stake in a port located within the premises of fertilizer company Ege Gubre in the Aliaga district of the western province of Izmir, Turkish business daily Dunya reported.
According to the newspaper, Ege Gubre will buy the Spanish company’s stake.
Perez y Cia has a contract to operate the port with a 400,000 TEU capacity for 15 years. It has an option to extend the duration of the contract for another 15 years. The Spanish company started operations at the facility in 2009.
Perez y Cia began the sale process in July and recently applied to local authorities to finalise the divestment, Dunya said, without providing financial details.
Last year, the Dutch company APM sold its stake at a container port in Aliaga, which is the largest on Turkey’s Aegean coast, to Azerbaijani oil major Socar, which owns via subsidiaries a new oil refinery close by and controls the Aliaga-based Petkim petrochemicals producer.
9.2.4 Construction & Real estate corporate news
Turkish civil engineering company Kalyon has shown interest in the construction of a road linking European transport Corridors X and XI in Serbia, the government in Belgrade said in a statement.
The project is estimated to cost around €2.4bn depending on the length of the part of the road that will be operated as a motorway.
Representatives of Kalyon have discussed a potential participation in the Vozd Karadjordje project with Miodrag Poledica, a state secretary of Serbia’s infrastructure ministry.
The road will connect Corridors X and XI on Serbian territory, linking Lazarevac, Mladenovac, Arandjelovac, Topola, Raca, Svilajnac, Despotovac and Bor.
Meanwhile, another Turkish company – Tasyapi – officially started the construction of the first section of the motorway that will connect Serbia's capital Belgrade to Bosnia's Sarajevo.
The construction of the highway is aimed at creating a better connection between the two countries and will enable faster regional development. Serbia will invest €1.05bn in the construction of its part of the motorway. The total cost
94 TURKEY Country Report October 2019 www.intellinews.com