Posted by meb at December 31st, 2007

The Transportation Ministry has announced a tender scheduled for next month for the Bosporus underwater tunnel, which aims to ease İstanbul’s traffic problems, especially on bridges crossing the Bosporus.The tender for the tunnel will be held on Jan. 15 at a yet undisclosed location. The annual contribution of the tunnel in terms of time and gasoline savings is expected to be around $125 million, depending on the number of vehicles that use the tunnel. The tunnel will be constructed via the build-operate-transfer (BOT) method and is planned to start at Kazlıçeşme Point on the Florya-Sirkeci shoreline on the European side and end at the Göztepe intersection on the Asian side. The tunnel will have two levels with two lanes each. Only buses, minibuses and cars will be allowed to use the tunnel. The construction is estimated for completion in three years after the land is made available to the contractor.

source: Today’s Zaman

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