Daelim Wins World’s Longest Suspension Bridge Project in Turkey
Bird’s-eye view
The consortium of Daelim and SK E&C won the KRW 3.5 trillion bridge construction project ordered by Turkey’s KGM. On January 26, 2017, the consortium of Daelim, SK E&C, and Turkish Yapi Limak was selected as the preferred bidder for the Dardanelles Strait suspension bridge project (tentative name: Çanakkale 1915 Bridge).
The project involves building a 3.7km suspension bridge (longest in the world) and the access road connecting Lapseki and Gallipoli facing each other from Dardanelles Strait in Çanakkale Province. To win the project, 24 global companies fiercely competed with each other. The Daelim-SK E&C consortium bagged the project after a final competition with Japan’s Itochu and IHI consortium.
3D picture
The project is a BOT (build-own-transfer)-type infrastructure project. The Daelim-SK E&C consortium will operate the bridge with guaranteed minimum operation earnings for 16 years and 2 months after completing the project, which is supposed to receive government aid after being selected as a PPP (public-private partnership) support organization’s pilot project scheduled to be launched by the Ministry of Land, Infrastructure, and Transport during the first half of 2017. Construction will be started in March 2017 and will be completed in 2023.
