Port · Turkmenistan

How much did the new Turkmenbashi International Seaport on the Caspian Sea cost?

The new Turkmenbashi International Seaport is the Caspian Sea port of Turkmenistan built next to the old 1896 port by the Turkish contractor GAP İnşaat, with ferry, passenger, container, general cargo, bulk and polypropylene terminals and ship repair yards on more than 1.4 million square metres. Construction began with a groundbreaking on 15 August 2013, attended by the presidents of Turkmenistan and the Turkish prime minister, and the port was opened on 2 May 2018. News agencies put the cost at more than USD 1.5 billion, while a 2013 Reuters headline quoted by Wikipedia said USD 2 billion.