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Monday, November 29, 2010

Minister confirms plans for third Istanbul airport

"Minister confirms plans for third Istanbul airport

Turkish Minister of Transport and Communication Binali Yıldırım has confirmed that a third airport is scheduled to be built on the European side of Istanbul, Anatolia news agency reported Monday.

“The new airport will serve an annual capacity of 60 million passengers and have two separate tarmacs,” Yıldırım told Anatolia, adding that it would be a build-operate-transfer project, a business model that gives building contractors the right to manage new facilities for a certain amount of time before transferring operations to the government."

More:Minister confirms plans for third Istanbul airport - Hurriyet Daily News and Economic Review