CONTRACTING PROJECTS
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Contracting Projects

Since its establishment, the company has been participating in domestic tenders and forming partnerships, as well as engaging in various business partnerships abroad to undertake contracting works for infrastructure facilities such as roads, bridges, dams, ports, as well as industrial and touristic facilities. In some projects, the company also collaborates and partners with experienced contracting firms in the field.

Moreover, the company operates internationally through various partnerships, business associations, and consortia. One such project is the tender for the Renovation and Reconstruction of The Sister of Mercy Hospital located in Zagreb, Croatia, showcasing the company’s involvement in diverse projects abroad.

Over the 37 years since its foundation, the company has completed construction projects in various sectors and locations. These projects have been predominantly in areas that require operational expertise, such as infrastructure projects, hotels, airport terminals and runways, industrial facilities, and hydroelectric power plants.

In addition, the company has completed the construction of 19 hydroelectric power stations (HES), including those operated by Akfen Renewable, with a total installed capacity of 268 MW for the HES projects it has completed.

The company has also completed the construction of 16 city hotels with 2,763 bed capacity located in Turkey and the Turkish Republic of Northern Cyprus (TRNC) under Akfen REIT. Among the company’s completed projects is a holiday village in Bodrum, known as Bodrum Loft, which consists of 36 villas (92 rooms, 184 bed capacity) built with a Loft concept.

 

The Company has a current backlog, consisting of:

a) in-house construction projects of the Akfen Group and

b) third party hospital construction contracts thanks to its broad expertise in PPP hospital projects.

Project Akfen Construction’s Share in the Project Completion Rate Estimated Time of Delivery
Yalıkavak Loft – Muğla %100 %65 Q2 2025
Kıyıkışlacık (Loft Iasos) Project – Muğla %100 %0 Q4 2027
 The Sisters of Mercy Hospital- Crotia %100 %38 Q4 2025
İskenderun State Hospital %99,99 %3 Q2 2026
Amasya State Hospital %99,99 %10 Q4 2026
Hatay Province Emergency Hospitals: Altınözü, Erzin, and Payas Districts %99,99 %99 Q3 2024