Turkish infrastructure profiting the economy

According to data released by the State Highways Directorate on Wednesday 20 January, Turkey earned 1.46 billion Turkish liras ($387 million) in tolls from two bridges on the Istanbul Strait as well as toll roads in 2017.

Turkish infrastructure profiting the economy
The 15 July Martyrs Bridge. Anadolu Agency

According to data released by the State Highways Directorate on Wednesday 20 January, Turkey earned 1.46 billion Turkish liras ($387 million) in tolls from two bridges on the Istanbul Strait as well as toll roads in 2017.

The July 15 Martyrs Bridge and the Fatih Sultan Mehmet Bridge – both spanning the Bospohorus and connecting Europe and Asia – together yielded around 362.32 million liras ($96.2 million), while toll highways throughout Turkey earned almost 1.09 billion liras ($290 million) last year.

The figures published state that over 458 million vehicles paid tolls to the use facilities in the same period. Drivers in Turkey used to pay 7 liras ($1.85) for bridge tolls, with higher fees for vehicles with more than two axles.

On January 1, 2018, Istanbul Strait bridge tolls increased to 8.75 liras ($2.32).

Last December nearly 47 million vehicles used Turkey’s toll bridges and toll roads, paying a total of nearly 124.9 million liras ($33.18 million).

In 2016, 417 million vehicles used Turkey’s toll bridges and roads, paying a total of 1.2 billion liras ($318.81 million). On the Istanbul Strait, the bridge toll at that time was 4.75 liras ($1.26) per passage.

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