Iskenderun Port Concession
Sector: Government • Location: Turkey
Source: World Bank Group
Iskenderun Port was one of the largest ports in Turkey and it serves the south and southeastern Turkey as well as Middle Eastern countries.
The tender for the operation rights for the port was cancelled in 2005 and reinitiated in September 2010. Limak Yaritim submitted the highest bid with US$372 million, outbidding all other eleven competitors. Limak was to operate the port for 36 years and to i
- Status
- Prospective
- Sector
- Government, Water Supply and Storage, Seaport, Automotive, Commercial
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Iskenderun Port Concession
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Iskenderun Port was one of the largest ports in Turkey and it serves the south and southeastern Turkey as well as Middle Eastern countries. The tender for the operation rights for the port was cancelled in 2005 and reinitiated in September 2010. Limak Yaritim submitted the highest bid with US$372 million, outbidding all other eleven competitors. Limak was to operate the port for 36 years and to increase the capacity of the port. In December 2011, Limak secured financing for the project for US$425 million from Unicredit (US$50million), Finansbank (US$75 million), Garanti (US$100 million), Isbank (US$100 million), Sinai Kalkinma Bank (US$50 million) and Vakiflar Bank (US$50 million). The loan facility had a tenor of 13.5 years and a grace period of three years. Limak paid US$372 million to the Turkish government and will use the remaining amount to fund a capex program to boost the port from its current size. In April 2012, InfraMed acquired a 20% stake in the Iskenderun port. InfraMed was an investment vehicle launched by 5 investors: Cassa Depositi e Prestiti (Italy),Caisse des Dépôts et de Consignations (France), The European Investment Bank,Caisse de Dépôts et de Gestion (Morocco), EFG Hermes (Egypt) project. |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Water Supply and Storage, Seaport, Automotive, Commercial |
Article published date | 2024-09-19 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project