BIGGEST AIRPORT AIRPORT IN THE WORLD

  • On the list of largest airports, Istanbul (Ataturk) is ranked 14th.

  • The list is headed by three American airports (Atlanta, LA, Chicago) and three Chinese (Beijing, Hong Kong and Shanghai).

  • In the top-20 only Dubai appears to be a major competitor given its proximity and the comparable profile (Europe – Asia hub) and to a less extent Amsterdam (rank 12).

  • If the plans are successfully completed (200 million passengers), the new airport would most likely become the nr. 1 of the world.

EXCELLENT LOCATION

  • The new airport is easily accessible from the old city at adistance of approximately 35 km.

  • The new urban expansion is right next to it, as is the canal project.

  • The architecture of the airport is extremely modern and the infrastructure towards the rest of the country will be highly developed.

3rd airport istanbul

CORE OF THE PLANS IS A CHANNEL

  • On the list of largest airports, Istanbul (Ataturk) is ranked 14th.

  • The list is headed by three American airports (Atlanta, LA, Chicago) and three Chinese (Beijing, Hong Kong and Shanghai).

  • In the top-20 only Dubai appears to be a major competitor given its proximity and the comparable profile (Europe – Asia hub) and to a less extent Amsterdam (rank 12).

  • If the plans are successfully completed (200 million passengers), the new airport would most likely become the nr. 1 of the world.

…AROUND WHICH NEW ISTANBUL WILL BE BUILT

  • The idea is that the city expansion can accommodate up to 7.5 million inhabitants.

  • The city is being built on the European side, shifting the center of gravity of the city towards Europe.

  • The city will be built in such a way that traffic congestion will be reduced to a minimum.

canal istanbul kanal

PROJECT IS PROGRESSING DAY AND NIGHT

  • The project consists of four phases and started in 2015 and continues until 2030.

  • The project is being carried out by the Turkish consortium Cengiz-Kolin-Limak-Mapa-Kalyon for EUR 22 billion.

  • The first phase is now about 90% completed and consists of a terminal for 90 million passengers (the largest in the world) and 2 runways. Will be open as far as we now know in October 2018.

  • In total 6 runways and 4 terminals are planned.

  • In Terminal 1, the largest tax free zone in the world will be built.

POTENTIAL AROUND AIRPORT

  • The new urban expansion is right next to it, as is the canal project.

  • Our sourcing partners already have large plots of land around the airport that are suitable for residential or commercial purposes.

new city istanbul

THE COUNTRY: IDEAL PLACE TO INVEST

  • Turkey is 13th economy worldwide.

  • Within the large economies, Turkey has been among the fastest growing in the last 10 years together with China, India, and Indonesia.

  • Economic prosperity in Turkey is divided, with the richest areas being Istanbul (> 140%), Ankara (>120%) and Izmir and Bursa (> 110%).

  • Half of the economic activity takes place in these four provinces.

TURKISH GROWTH MIRACLE

  • Turkish growth has been impressive since 2000. The core of this success was monetary and fiscal stability. (Source: World Bank).

  • The influx of refugees (estimated at 3 million) and the reforms also contributed to this.

  • The percentage of inhabitants living below the poverty level of $ 5.50 per day has dropped from 27% to 10% in ten years.

great turkey

Key Project Features