Abstract:
Bosphorus has geographical advantages which makes it unique. It is the reason of existence of Istanbul. According to the Montreux Convention, passages by sea is free of charge through the Turkish Straits. It is the only way possible to get revenue from highway passages. There are currently two bridges available to vehicles on the Bosphorus. These bridges are being overloaded due to urban and international traffic. The demand of passage between two parts of Istanbul will be satisfied by, 8 lanes and 2 high speed rail lines of the 3rd Bosphorus Bridge. This project is being done by Build-Operate-Transfer model. This model provides infrastructure to be transferred to the government at the end of concession period. Both the constructional company and the government will be making profit from this construction agreement. After transfer, the government will make profit without spending money.

Keywords: 3rd Bridge, Passing Bosphorus, Bosphorus Strait,Yavuz Selim Bridge.

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