The local Kizilkanat has submitted a low bid of $59.1 million for the construction of buildings for the planned Istanbul World Trade Centre near the city's Ataturk International Airport. The client is EGS Real Estate Development & Management.

The lowest five of 23 local bidders were:

Kizilkanat - $59.1 million

EMT - $60.3 million

Age with Akturk - $69.3 million

Ari - $69.9 million

Akfen - $70.6 million

The project calls for the construction of three 19-storey blocks of offices and show-rooms, and three three-storey, multi-purpose extension blocks.