What investment cost was reported for Istanbul Airport?
Istanbul Airport is the new airport of Istanbul built by a consortium of Cengiz, Mapa, Limak, Kolin and Kalyon under a 25-year build-operate contract, whose first stage was completed in October 2018 with an official opening on 29 October 2018 and capacity of 90 million passengers a year. Daily Sabah wrote in April 2020 of a total economic size of 32.4 billion euros excluding taxes, made of an investment cost of 10.2 billion euros and 22.2 billion euros of rental costs, while Airport Technology estimated a budget of 12 billion euros for the four stages.
Reported project cost
€10.2 billion
Approximately $12.05 billion
Cost basis: 2018
KulttuurinavigaattoriCC BY-SA 4.0
Cost evidence
Basis of the published figure
Reported project cost2018
Project record