The annual cost of Osmangazi Bridge to the Treasury is 1.3 Billion TL

The Treasury will have to pay 40 billion lira to the operating company in one year because it does not target the Osmangazi Bridge, which guarantees a daily pass of 1 thousand vehicles.

The bridges built with the Build-Operate model create a great burden on the Treasury due to the state guarantee provided.

CHP Kocaeli Deputy Haydar Akar said that the vehicle transit targets set for the Osmangazi Bridge to Izmit Bay did not meet, and the Treasury had a one-year cost of 1.3 billion TL. Akar has announced the 2017 balance sheet for the Osmangazi Bridge.

Akar stated that the target could not be met on the bridge where 40 thousand vehicles are guaranteed daily, and that the Treasury faced a payment of 1.3 billion lira per year to the operating company. Saying that the picture was darker in 2018, Akar said that the half of the number of vehicles arising from the contract and the guarantee was billed to the nation, and that there were 80 million Turkish citizens who did not pass.

Akar stated that the number of vehicles crossing the bridge in 2017 was 8.5 million and the number of vehicles that did not exceed the planned was 6.1 million. According to the agreement with the operating company, Akar stated that each vehicle crossing the bridge should pay 35 dollars + 8 percent VAT. Recalling that the Treasury paid a fee for the passing vehicles due to the reduction in the bridge toll, the CHP deputy said: “Since the difference in the toll is out of the Treasury, money is also paid for the passing vehicles. The Treasury will pay 578 million lira for passing vehicles and 811 million 300 thousand lira for vehicles that do not exceed due to vehicle warranty. In total, the amount to be paid by the Treasury to the operating company for 2017 is 1 billion 389 million 300 thousand liras. ”

Akar stated that as of January 35, 2, the exchange rate, which is 2017 dollars + VAT as per the contract, is 3.53 dollars, and this corresponds to 133 liras, and as of January 2, 2018, the exchange rate of 3.76 dollars reached 141 liras. Stating that the government has allocated 6.2 billion for the bridge, highway and city hospitals from the budget as a solution, Akar says, “The Prime Minister does not leave a penny in the pocket for 'Build-Operate-Transfer-projects' everywhere. "The money paid is certain."