Work valued at a total $224 million for the completion of the first stage of the Istanbul metro has been awarded to a consortium headed by the local Turk Siemens Kablo & Elektrik Sanayii. After receiving a letter of intent from the municipality and completing negotiations, the consortium will sign the contract, according to contracting sources.
Turk Siemens is a subsidiary of Germany's Siemens. The group also includes another local Siemens joint venture, Simko, state-owned railway car maker Turkiye Vagon Sanayii (Tuvasas), the UK's Balfour Beatty, Austria's Simmering Graz Pauker, and local contractor Garanti Koza. The contract will be financed by a mix of export credits and commercial loans from Germany and the UK.
The package of work has five components:
Siemens, Tuvasas and Simmering Graz Pauker will make and supply 32 carriages
Garanti Koza and Simko will carry out fine works at stations
Siemens and Simko will supply and install power, traction power, and communications systems
Balfour Beatty will carry out the last two components, track laying and the construction of a workshop.
Bids were returned to the municipality in June (MEED 14:7:95). The work is required for the completion by the end of 1997 of a two-way underground track running for about 7.8 kilometres between Taksim and Levent 4. The tunnels have already been completed, and the construction of stations is 70-80 per cent complete, according to municipality officials.