On June 21, 2018, the Ankara-Nigde Motorway PPP project reached financial close.
The motorway stretches from the Turkish capital, Ankara, towards the south east of the country and finishes by the Nigde Puddles Junction. The motorway is 330km in length, and the project includes the building of nine intersections, four viaducts, 57 bridges, and the installation of signalling and safety systems. The contract comprises a build, own and transfer concession.
On behalf of the consortium comprised of ERG Insaat and Seza Insaat, Operis was pleased to perform an audit of the financial model.