Urbanization Minister Erdoğan Bayraktar is involved in the project.
Two joint ventures placed bids yesterday for the infrastructure and superstructure works for a planned finance center on Istanbul’s Asian side. A joint venture bid from Ege Yapı Limited, Maymetropol Yapı İnşaat and Emlak Pazarlama totaled 1 billion Turkish Liras plus value added tax (VAT) while a bid from a joint venture that included GAP İnşaat Yatırım and Dış Ticaret 1.15 billion liras plus VAT. Varyap Varlıbaş İnşaat and Torunlar GYO did not place bids in the tender.