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SBD Global/February 5, 2013/Olympics

Tender Opens For World's Largest Airport In Istanbul, To Benefit 2020 Olympics Bid

The tender to build the world's largest airport in Istanbul, Turkey has been officially opened, reinforcing Istanbul 2020’s plan for quick, comfortable and convenient transport solutions for all athletes, and the wider Olympic family, should Turkey be awarded its first Olympic and Paralympic Games in '20. Istanbul's new third airport will have six runways and an annual passenger capacity of 150 million. The first phase of construction is due to be completed in three-and-half-years and is one of five major infrastructure projects taking place in the city as part of Turkey's 2023 Master Plan -- the nationwide program of long-term development. Istanbul 2020 will draw on the $1.5B average annual investment in transport infrastructure upgrades since '05 and a further $15B to be spent on projects over the next three years. These projects will significantly reduce congestion and speed up all journey times for those attending the Sochi Olympics. The winning tender will be announced in May (Istanbul 2020).
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