EURASIA TUNNEL PROJECT The most advanced transportation infrastructure connecting two continents

Transcription

1 Republic of Turkey Ministry of Transport, Maritime Affairs and Communications General Directorate of Infrastructure Investments EURASIA TUNNEL PROJECT The most advanced transportation infrastructure connecting two continents

2 Eurasia Tunnel is the biggest step towards the National Transport Vision * No compromise in individual rights and wellbeing, full warranty of safety of life, compliance with cutting edge technology as well as international law and regulations, attaining inner-city transport times at a maximum of 30 minutes in a setting where the environment is decidedly preserved. WE ARE WORKING TO MAKE HISTORY Recep Tayyip Erdoğan - Prime Minister Of Turkey Eurasia Tunnel Project, which we initiated with the vision to provide transportation services for all our citizens in a high quality, well balanced, safe, environmentally sensitive, fair and economic manner, will not only elevate the quality of life of the people of Istanbul, but will also increase the global competitiveness of our country. Binali Yıldırım - Republic Of Turkey Minister Of Transport, Maritime Affairs And Communications With this benchmark project we strive to bring the World Capital Istanbul, which is, the meeting point for cultures and civilizations as well as the West and the East, to the position envisioned by our Leader Atatürk. We as the members of a proud nation of builders are working to pave the way to the future of our country. * Excerpt from 2023 Transportation Vision prepared in leadership of TUBITAK Scientific and Technological Research Council of Turkey. 2 Sangkyu Lee Ambassador Of South Korea Eurasia Tunnel Project will constitute one of the most significant steps of a strong economic cooperation between Turkey and South Korea. I trust that the economic cooperation opportunities accelerated due to such a significant project will continue with a gradual increase. We are delighted to have the chance to be a part of this great project to create another immortal asset for Turkey. Eurasia Tunnel, one of the most modern projects of the world, will connect the continents Asia and Europe from underneath the sea bottom. The project, breaking ground for Turkey in many respects, targets at presenting a powerful solution to the ever present traffic problem of Istanbul. A brand new, safe, fast and environment-friendly transportation alternative will be inaugurated between the main arteries joining vital areas of both sides of the city. The travel time between the Asian and European sides will decline from 100 minutes to a mere 15 minutes. We believe that Eurasia Tunnel will become one of the symbols of the city and an international benchmark. We are honored to have the opportunity to realize this project, bringing value to Istanbul, the Cultural Capital City. Başar Arıoğlu THE EURASIA TUNNEL IS A SOURCE OF INSPIRATION FOR THE WORLD Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş., Chairman of the Board of Directors/ Yapı Merkezi İnşaat A.Ş. Member of Board of Directors As a fast growing metropolis, the beautiful and amazing city of Istanbul, is besieged by traffic congestion. Sprawled between two continents, Asia and Europe, Istanbul is split into two by the magical Bosphorus. Solving the traffic problem via the Bosphorus requires not only high technology, but also advanced engineering and expertise. With powerful synergy created by the joined forces of the SK E&C and Yapı Merkezi, two world class organizations, we are here to bring the necessary engineering and technology to create a solution for Istanbul s traffic problem. South Korea and Turkey have deeply rooted and strong ties. The Eurasia Tunnel will be a new symbol marking the great friendship between the two countries and a reflection of the vision of the dynamic and strong Turkey. Raising the quality of life and contributing to society s sustainable development, which are both among SK E&C s most important values, shall be revived in Eurasia Tunnel. We as SK E&C are delighted to join forces with Yapı Merkezi for this historical project. The Project reflects our mission on providing better life and happiness to people and our vision for focusing on global city development, by offering integral solutions at planning, developing and execution stage. The Eurasia Tunnel shall provide the means for a secure and a comfortable journey as it is going to offer the fastest transportation between Asia and Europe. The Tunnel will also be renowned for the environmental friendliness. I believe that this world class project will be a source of inspiration for many other countries. We as the strong partners of ATAŞ, the force behind the Eurasia Tunnel, are proud and excited to be a part of this amazing journey. Seok Jae Seo Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş., CEO/ SK E&C, Senior Vice President 3

3 WHY EURASIA TUNNEL? SPEED ECONOMY The Eurasia Tunnel Project, bringing two continents together, will carry today s solutions to the civilization of next generations with its long service life, sophisticated technology and respect to the heritage of the past. The project will be completed in 55 months with a total investment value of 1 Billion 280 Million US Dollars. UNINTERRUPTED JOURNEY SAFETY 4 AND ENVIRONMENTAL COMFORT FRIENDLINESS 5

4 THE PROJECT CONSISTS OF THREE MAIN SECTIONS Expected to shorten the journey time between Kazlıçeşme and Göztepe substantially, easy connections with the bridges and main arteries have been taken into consideration in the planning of the Eurasia Tunnel. The Eurasia Tunnel Project will be constructed between Kazlıçeşme and Göztepe along a 14.6 km route including a total 5.4 km twin-deck tunnel that will cross the Bosphorus beneath the seabed, with the aim to alleviate İstanbul s transcontinental traffic pressure. In addition to a road tunnel to cross the Bosphorus, The Eurasia Tunnel Project also includes the improvement and widening of current roads that lead to the tunnel on both sides of the Bosphorus for 9.2 km in total. The Eurasia Tunnel will create a transit route, which will provide the fastest transportation link between Turkey s Asian and European Sides. It will link the Zeytinburnu and Bakırköy regions which are west of the Historical Peninsula with Üsküdar and Kadıköy which are on the Asian Side. In this way, these parts of Istanbul will be brought close to each other. The Eurasia Tunnel is designed to allow the passage of only light vehicles (automobiles, minivans and vans up to certain size). Neither heavy vehicles and twowheel vehicles nor pedestrians will be permitted in the tunnel. When the project enters into service, the journey time presently taking up to 100 minutes will be able to decrease to as little as 15 minutes. European Side Construction of the U-turn on Kennedy Avenue connecting Kazlıçeşme to Sarayburnu as underpass, and the foot bridge compatible for the use of the handicapped as overpass. Total enlargement of the section involving the current road with a length of approximately 5.4 kilometers so it is increased from 2x3 and 3x2 lanes to 2x4 lanes. 6 Bosphorus Crossing Asian Side The construction of two-deck road tunnel with two lanes on each deck, an administrative building on one side and toll plazas and ventilation shafts on both ends of the tunnel. Widening from 2x3 and 2x4 lanes to 2x4 and 2x5 lanes along approximately 3.8 km-stretch of the current D-100 road that links at Göztepe to Ankara-Istanbul State Highway as well as construction of bridge intersections, one overpass and modernization of pedestrian bridges to allow access by the handicapped. 7

5 The cutting-edge technology of the tunnel will assure safe and comfortable journey Yapı Merkezi and SK E&C bring in their total accumulated experience gained in numerous projects across the world and they will employ the latest and the most advanced technology in construction and operation phases. The Operation Center is the main hub where the uninterrupted and safe working of the tunnel around the clock with an efficient traffic flow is ensured. 1. Functional, reliable traffic management and monitoring completely integrated with current metropolitan transportation system Responsibility to the community was fulfilled by a comprehensive ESIA process In full comprehension of the heavy responsibility to the citizens of İstanbul, ATAŞ is highly sensitive to the potential environmental and social impacts of The Eurasia Tunnel Project. Through a process called Environmental and Social Impact Assessment (ESIA), ATAŞ fulfilled its responsibility to the community in which it operates. Within the context of ESIA, which is carried out in full compliance with the most progressive international standards and strictest performance criteria, the impacts of the project on the environment and the society were defined, all relevant publics were consulted and their opinions were taken into account, mitigation measures which are undertaken to avoid and reduce adverse effects and to provide benefits were identified. All information in scope of ESIA, was regularly reviewed and it is continuously updated. Standing out as a superior access service that embraces the urban texture and the neighbors along its route, The Eurasia Tunnel is a thoroughly transparent and participative project, whereby an Environmental and Social Management Plan (ESMP) has been duly prepared. ESMP is currently in place and defines all mitigation measures of probable impacts that are identified during the ESIA process as well as how they will be implemented during the planning, construction and operation periods. Along with every detail of ESIA, the ESMP is publicly shared in the project website ( 2. Modern lighting technology for the safe navigation and visual safety of the vehicles and passengers. 3. High capacity ventilation for a clean and healthy travel medium Special fire fighting system readily accessible from every point in the tunnel. 5. Fire-resistant surface coating. 6. CCTV monitoring 7x24 every point of the tunnel and incident detection systems Communication and notification system reachable from every point in the tunnel. 8. General public announcement system. 9. Emergency evacuation system with alternating passages between lower and upper decks along the tunnel s full length and safe waiting spaces. 10. Safety lanes at every 600 meters. 8 9

6 One of the top engineering projects of the world TBM handover ceremony / 27 June 2013 (left to right) AYGM General Director Metin Tahan, ATAŞ Chairman of the Board of Directors Başar Arıoğlu, ATAŞ CEO Seok Jae Seo Most advanced TBM (Tunnel Boring Machine) technology will be employed throughout the Bosphorus crossing spanning 3.4 kilometers. The tunnel construction, which will commence from the Asian Side, will be completed on the European Side as the TBM, specifically designed and manufactured for this project, advances by boring and excavating the rocks and soil beneath the seabed. At the deepest point, the TBM will be 106 meters below sea level and will never approach at less than 26 meters to the seabed. Thus, the safe working conditions for the TBM will be ensured. The Eurasia Tunnel will be ranked 1st in the world among the mix-shield (slurry) TBMs in terms of face pressure value at 11 bars. The Eurasia Tunnel Project is ranked 6th in the world with TBM excavation diameter of 13.7 meters. Due to presence of both marine sediments and rock formations with dissimilar pressure strengths along the route of Tunnel Boring Machine, which is planned for a daily advancement speed of 8 to 10 meters,the project is regarded as one of the world s outstanding and rare engineering feats. NATM (New Austrian Tunnel Method) will be used for the construction of the connection tunnel sections that remain outside the Bosphorus crossing. Geological Profile The project route will advance mostly inside a rock-soil *Vertical and horizontal scales are the same. formation throughout the Bosphorus and will pass first through a rock mass section (Thrace Formation) on the Asian Side. Thereafter, it will cross through sea sediments and will resurface on the European Side after passing through once again a rock mass section (Thrace Formation). *Vertical scale is 5 times the horizontal scale

7 2.1. Direct Loans 550 Million US Dollars European Investment Bank 2.2. European Bank for Reconstruction and Development The Export-Import Bank of Korea Loans secured by Korea Export Insurance Corporations 210 Million US Dollars 4 INTERNATIONAL AWARDS PROJECT FINANCE INFORMATION Total Investment : 1 Billion 280 Million US Dollars 1. Equity : 320 Milion US Dollars 2. Loans : 960 Million US Dollars* *With a maturity of 18 years, the loan package is the one with the longest maturity in Turkey in Build-Operate-Transfer Infrastructure Projects until today. Guarantors Korea Trade Insurance Corporation Korea Eximbank Creditors Sumitomo Mitsui Banking Corporation Standard Chartered Bank Mizuho Bank Euromoney Magazine - European Deal of the Year Bosphorus Tunnel EMEA Finance Best PPP deal in EMEA: The Eurasia Tunnel, Turkey (2012) Infrastructure Journal Deal of the year Transport Eurasia Tunnel PPP Thomson Reuters PFI Turkish Infrastructure Deal of the year-atas 2.3. Loans secured by Turkish Banks 200 Million US Dollars Guarantors The Best Project Finance Agreement of Europe 2012 reward of Euromoney Magazine went to ATAŞ. Best public-private sector cooperation award by EMEA Finance magazine went to Eurasia Tunnel Project in Eurasia Tunnel was also among the best 100 in 2012 as well as the recipient of the most innovative project award. ATAŞ has been awarded Turkish Infrastructure Deal of the year for the Middle East and Africa. Yapı ve Kredi Bankası Türkiye İş Bankası Garanti Bankası Creditors European Investment Bank 12 13

8 Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş. (ATAŞ) ATAŞ, the contractor of the Eurasia Tunnel, was established with the partnership of Yapı Merkezi from Turkey and SK E&C from South Korea, both partners renowned as leaders in major infrastructure and transportation projects. Established in 1965, Yapı Merkezi İnşaat ve Sanayi A.Ş. strives for continuous improvement with the experience of half a century in major contracting works. With vast experience in tunnel, bridge and railroad constructions, Yapı Merkezi completed 1550 km of railroad in a total of 37 systems on three continents, particularly in United Arab Emirates, Saudi Arabia, Algeria, Morocco and Sudan to bring safe transport to more than 2 million people daily. Among those projects are Dubai Metro, İzmir Metro, Antalya and Istanbul Tramways, Istanbul, Eskişehir and Kayseri Light Railroad System and Taksim - Kabataş Funicular Systems. Yapı Merkezi ranked 135th in 2005, 124th in 2007, 127th in 2009, 155th in 2010, and 143rd in 2011 among the top 225 contractors of the world as published by ENR (Engineering News Record) every year. Other benchmark projects to note among the 39 million m2 of buildings engineered by Yapı Merkezi are construction of Bosphorus Four Seasons Hotel, restoration of the Galata Tower, and Şişli Plaza, the high-rise office-residence complex in Istanbul. Yapı Merkezi realizes global-scale projects; manages risks well, and always reaches the targets to offer products and services at the undertaken quality and time within the suggested budget. Seeking and passionately pursuing beauty, Yapı Merkezi, in realization of such targets, never ignores the aesthetic aspect that constitutes a judgemental bridge between thought and implementation. BUILD-OPERATE-TRANSFER PROCESS Eurasia Tunnel is a Build-Operate-Transfer project. Build-Operate-Transfer model unites the dynamism and project experience of the private sector in Turkey with the support of the international finance corporations. The selection of route for Eurasia Tunnel was made via extensive feasibility studies held after the 2006 decision of the State Planning Board. Then technical features were determined by the Directorate General of Infrastructure Investments (AYGM) of the Ministry of Transport, Maritime Affairs and Communications for highway crossing of the Bosphorus from under the sea. AYGM announced a tender with Build-Operate-Transfer model on 30 December 2006 for the project called Istanbul Strait Road Tube Crossing Project. As a result of the international tender on competitive basis realized on 30 June 2008, the preliminary contract was initialed on 13 January 2009 with Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş. (ATAŞ), who was awarded the contract. The Implementation Contract of the Project was signed on 25 February On 26 February 2011, Project Work Initiation Ceremony was held. Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş. (ATAŞ) will be in charge of operation and maintenance of the tunnel for a period of 25 years 11 months and 9 days. The tunnel will be transferred to Directorate General of Infrastructure Investments (AYGM) after that period. SK E&C is the construction and engineering branch of SK Group. SK Group, third biggest group of companies Korea, ranks 72nd in the Global 500 List of Fortune Magazine. SK E&C also ranked 45th in the list of Top 225 Contractors of ENR in SK E&C, since its incorporation in 1977, has been competing at a global scale in the fields of construction and engineering in all business sectors along with infrastructure, building, housing and industrial plants, has its important share in making South Korea a country cited for its perfection in construction and engineering. Having undertaken gas and petro-chemistry projects with its petrol refineries in 23 countries for years, SK E&C has a global voice in these sectors. Along with services toward coal-fired power plants or combined cycle power plants, SK E&C offers fully comprehensive services including direct operating and maintenance of plants in independent power production projects. SK E&C offering construction services and fully comprehensive communication solutions for mobile phone systems leaps forward in the fields of home networks, cities equipped with communication technologies (u-cities) and communication services and solutions for the business world (u-business)

9 Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş. Kozyatağı Mahallesi Eski Üsküdar - İçerenköy Yolu VIP Center No:10 Kat:1 Daire: Ataşehir / Istanbul T: F: info@avrasyatuneli.com All rights reserved. The copyright of all information and expressions in this brochure pertains to Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş. The information in the brochure cannot be duplicated, copied, amended and distributed without the permission of Avrasya Tüneli İşletme İnşaat ve Yatırım A.Ş.