BSTDB contributed to Türkiye’s infrastructure development with a EUR 50 million sustainability-linked loan for the design, construction, operation, maintenance, repair and transfer of Antalya-Alanya Motorway, a 122 km stretch designed to be a world-class motorway along Türkiye’s Mediterranean coast. It will serve as one of the most important connectors among multiple cities which have evolved into major tourism hubs. Given its close location to the Antalya International Airport, which is a major international hub, the Project will create a large impact on the industry, contributing to a more efficient flow of passenger traffic.
The Project is realised under the Public Private Partnership model. The Grantor is the General Directorate of Highways (“KGM”) of the Ministry of Transportation and Infrastructure of Türkiye and the Debt Assumption Provider is The Ministry of Treasury and Finance of Türkiye.
The Project is expected to strengthen the region’s capacity to support tourism and agriculture in a more efficient way through the reduction of traffic times, enhanced connectivity across various junctions, coupled with the added safety measures incorporated into the motorway design. Furthermore, it is expected to generate EUR 6.8 billion in total economic activity, create 9,267 jobs annually and generate an additional EUR 713.8 million in tax revenues between the start of the construction and the end of the concession period. Furthermore, alignment of the project with best practices applied by BSTDB along other major Multilateral Development Banks, has ensured that E&S risks were identified early, assessed comprehensively, and managed through robust mitigation measures. This standards‑driven process strengthened biodiversity protection, enhanced stakeholder engagement, improved land acquisition and livelihood restoration planning, and embedded strong occupational health and safety practices across the project phases.
BSTDB amount: EUR 50 million
Total Operation cost: EUR 2.46 billion
Type of financing: Project Finance
Maturity: 14 years
