Infrastructure Investments

Limak has successfully completed 2018 when many developments were experienced and the financial markets were volatile, and has continued to grow with infrastructure investments.

In airport management, it has broken a record by reaching a total number of 2 million 161 thousand 874 passengers in 2018 at Pristine Adem Jashari International Airport, the sole international airport of the Republic of Kosovo the construction of which it has completed in 2013. Pristine Adem Jashari International Airport adds high value to the aviation sector and all organizations serving this sector both in Kosovo and the entire Balkan geography. It has also completed the construction of the Blaise-Diagne International Airport in Dakar, the capital of Senegal, and has started to operate it together with its partner and the Senegal State in 2018. Meanwhile, in Turkey, the first phase of the İstanbul Airport Project, which is the most important project of the aviation sector where it takes part as a partner, has been completed on October 29, 2018. The airport will be listed among the limited airports in the world serving more than 200 million passengers per year, when all phases are completed.

In train station management; Ankara Train Station and Living Center, which has been taken into service in 2016 as the first and sole high-speed train station in Turkey, has continued to contribute in the Turkish economy in the commercial sense with a shopping center, business hotel and leasable offices, apart from the revolution it has made in transportation.

In port management; LimakPort Iskenderun, where the 1 million TEU container handling investment plan has been completed in 2014, serves a wide hinterland comprised of Adana and the east.

Meanwhile, among the investments of Limak in the construction stage, the construction of Ufa Eastern Exit Highway, the contract for which was executed on July 27, 2017, has been continued in bridge and motorway management. The company will operate the motorway for 25 years with its partner in the project where the built – operate – transfer model is applied. Meanwhile in Turkey, Section 4 of the Northern Marmara Motorway, which will start at Kurtköy as the continuation of Yavuz Sultan Selim Bridge and connect to Osmangazi Bridge through the port connection road, is aimed to be completed in 2019. Limak continues the construction of 1915 Çanakkale Bridge and Motorway, the ground breaking ceremony of which was held on March 18, 2017 as one of the most important infrastructure projects of Turkey, together with its partners. 1915 Çanakkale Bridge, which will be the longest suspension bridge of the world with a span of 2023 meters between the abutments, is planned to be completed and opened in 2023 - the 100th anniversary of our Republic.

Within the scope of the multiple-purpose project with a gross area of 323 thousand square meters, which has been started in Skopje - the capital of Macedonia, a mall, multi-storey car parks, hotel, office and residence blocks have been designed. Construction is continued in the project that will be completed and taken into operation in 2020.

Limak will continue to follow up on new project opportunities in its investments and the studies aimed to increase its operational and financial efficiency in the available projects. Its priority is to create value for its shareholders, employees and all stakeholders that it interacts with, in addition to achieving its financial objectives, also in 2019.