Cengiz Holding is also active in the service industry with four significant projects assigned through the Build-Operate-Transfer business model. A Cengiz Holding affiliate was granted with 25-year operating rights of Istanbul’s third airport which will make the city world’s largest transfer hub. The Holding was also granted with the operating license of Ankara High-Speed Railway Terminal for 19 years and 7 months, 9 years and 6 months for Kuzey Marmara Highway Kurtköy Akyazı Section and 8 years and 6 months for Kuzey Marmara Highway Kınalı Odayeri Section.
Istanbul’s New Airport
Istanbul’s third airport, where 80,000 people will be employed, will be operated for a period of 25 years. The facility will consist of 4 terminals, 165 passenger bridges, rail systems, VIP lounge, cargo and general aviation terminals, a state guest house, indoor and outdoor parking lots with a 70,000-vehicle capacity, aviation health center, business centers and hotels. With a passenger capacity of 200 million, Istanbul’s third airport will be world’s largest transfer hub and its 25-year operation is carried out by the organization to which Cengiz Construction is also a partner.