Project Parties

VTB Infastructural Holding and VINCI Highways (a subsidiary of VINCI Concessions, one of the world's most prominent players in the field of concessions) take part in implementation of the project. IC İçtaş Astaldi ICA İnşaat Anonim Şirketi, a joint company established by Astaldi (Italy) and Içtaş Inşaat (Turkey), is the General Contractor. CECT Infrastructure Consultancy Ltd. is an independent technical expert of the project.

VTB Infastructural Holding

Infastructural Holding is a leader on the Russian  infrastructure investment market, implements large-scale strategic and commercially efficient projects based on the principles of public-private partnership and concession agreements, and is the largest investor  in the Russian infrastructure. 

VTB Infastructural Holding implements the full range of financial, legal, construction, operational, development, and technical tasks in the field of infrastructure projects. The Holding's team has accumulated extensive experience in transport, energy, oil and gas, utilities, and social infrastructure in Russia and CIS, EU countries, North America, Asia, and Africa.

VTB Infastructural Holding also provides financial advisory services from its offices in Moscow and London and, as part of the VTB Group, provides clients with a full range of banking and financial services.

VINCI Highways

VINCI Highways, an affiliated company of VINCI Concessions, is one of the world's leading concession operators in the road sector. With its integrated model, VINCI Highways designs, finances, constructs, and operates road infrastructure and develops innovative toll collection solutions with local partners in 13 countries. VINCI's road network covers more than 3,100 km worldwide, including 1,900 km of roads under construction or upgrading, and serves 2 million customers per day with the highest quality and safety standards. VINCI Highways is the leading private operator in Russia. The company's portfolio in Russia includes 714 km of roads, of which 138 km are under construction and 576 km are in operation.

Astaldi Group

Astaldi Group is the second largest construction company in Italy and one of the leaders on the European construction market. The company has been working on the international market for over 90 years in the design, construction, and operation of public infrastructure facilities, civil and industrial construction.

Around 11,000 employees are employed by Astaldi Group in Europe, Turkey, Africa, Middle and Far East, North and Latin America. 

Astaldi Group ranks 85th in the ENR (Engineering News Record) world ranking of the largest construction contractors.

IC İçtaş Construction

IC İçtaş Construction  is a key player of  IC İbrahim Çeçen Investment Holding A.S holding company. 

IC İçtaş Construction is a world-known company with over 40 years of experience in large-scale transport infrastructure development projects, civil and industrial construction.

IC Içtaş Construction implemented many successful projects, such as: construction of airports, seaports, high-speed railroads, roads and bridges, high-capacity power plants, smart houses, tourist facilities, irrigation systems, public and municipal buildings.

It took 213th place in 2010 and 209th place in 2011 in the ENR (Engineering News Record) ranking of the largest construction companies.