The financing agreement for the Antalya–Alanya Motorway Project was signed at a ceremony held in Ankara, attended by Minister of Transport and Infrastructure Abdulkadir Uraloğlu, President of the Presidency of Strategy and Budget İbrahim Şenel, Investment and Finance Office Head of the Public–Private Partnership Department Ali Kamil Özmen, executives from the Limak Group of Companies, and representatives from banks, financial institutions, and project management teams.
Speaking at the ceremony, Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced the successful financial closing of the Antalya–Alanya Motorway Project, a landmark public–private partnership (PPP) that will transform mobility, trade, and tourism along Türkiye's Mediterranean corridor.
The project, with a total investment value of EUR 2.43 billion, will be financed through a combination of 30 percent equity and 70 percent debt, amounting to EUR 1.7 billion in long-term sustainability-linked loans, the Minister said.
According to the Minister, annual savings are projected at TRY 16.9 billion in time and TRY 800 million in fuel, for a total of TRY 17.7 billion. Moreover, the project is expected to reduce CO₂ emissions by 47,000 tons per year, helping protect the pine forests of the Toros Mountains and the waters of the Mediterranean.
Emphasizing global confidence in Türkiye's business ecosystem, Minister Uraloğlu stated, “Public–private partnership is not only a construction model but also a financing model. For projects that require substantial financial resources, we enable investments to be realized much more quickly through the capabilities and financing of the private sector, without using public funds. Those within the sector know very well that when international financial institutions say 'We will finance this project' and provide credit, it is one of the greatest indicators of confidence in a country's stability and economy."
A consortium of development banks, namely the Islamic Corporation for the Development of the Private Sector (ICD), the Islamic Development Bank (IsDB), the Asian Infrastructure Investment Bank (AIIB), and the Black Sea Trade and Development Bank (BSTDB), together with several commercial banks, including Akbank, Bank of Bahrain and Kuwait (BBK), Deutsche Bank, Garanti BBVA, the Industrial and Commercial Bank of China, Kuveyt Türk Yatırım, Qatar National Bank (QNB), VakıfBank, and Ziraat Bank, provided financing for the project. In addition, the Silk Road Fund, a key institution under the Belt and Road Initiative, completed its first long-term financing investment in Türkiye.
Notably, the facility is aligned with the Sustainability-Linked Loan Principles (SLLP) and has received an independent Second Party Opinion from ISS Corporate, confirming its adherence to global ESG standards.
The Antalya–Alanya Motorway will feature 7 interchanges, 5 tunnels with a total length of 4,365 meters, 16 viaducts extending a total of 5,966 meters, and 4 motorway service facilities when it becomes operational. With a design speed of up to 140 km/h, the motorway will reduce travel time between Antalya and Alanya from 2.5 hours to just 36 minutes, significantly enhancing regional accessibility and safety.
Türkiye continues to strengthen its position as the nexus of logistics through strategic infrastructure projects that support its transportation network and sustainable growth.