Turkey’s Limak to build $236m airport in Rostov

Limak Construction in Turkey has won  the tender to build an airport in the Russian city of Rostov, which is one of the host cities of the 2018 World Cup, according to a statement by the company.

Limak has said that it would build the facility in a joint venture with a Russian partner, Marashstroy. The final signatures for the airport, with a capacity of 8 million passengers,  to be be inked by the end of June.

Commenting on the contract, Serdar Bacaksiz, board member at Limak, said: “The project will cost around $236m (€210m) and will be completed in the next two years. Our aim is to finalize the project by the FIFA World Cup in 2018.”

The selection process to pick the company to build the airport started in 2014, where a total of 23 companies submitted their proposals, with 18 of them being invited to submit a bid. A negotiation process started in February, after which Limak and Marashstroy were selected by the tender committee, said the company.

Limak is also the member of a consortium which will build the third airport of Istanbul. The company is currently building a second terminal at Cairo Airport and has the operation rights to Kosovo’s Pristina Airport.

Source: www.constructionweekonline.com