What is the contract value of Istanbul — M5 — M5 Phase 1?
The M5 Phase 1 is the Uskudar to Yamanevler and Cekmekoy section of the M5 driverless metro line on the Asian side of Istanbul, Turkey, built by Dogus Construction under a contract signed on 7 March 2012 with works starting on 20 March 2012, and opened in stages on 15 December 2017 and 21 October 2018. Dogus Insaat's own release of 16 December 2017 states a contract value of approximately 627 million euros for the roughly 18 km, 16 station metro, while Wikipedia says it was projected to cost about 564 million euros.
Contract value
€627 million
Approximately $805.56 million
Cost basis: 2012
Btian P. DorsamCC BY-SA 4.0
Cost evidence
Basis of the published figure
Contract value2012
Project record