We are pleased to announce that we have acted as Turkish law counsel to Limak Group of Companies (Sponsor) and Antalya Alanya Otoyolu (Project Company) in the EUR 1.7 billion senior secured financing of the Antalya-Alanya Motorway Project under the Build-Operate-Transfer (BOT) model.
This transaction marks the largest sustainability-linked financing extended for a BOT motorway project in Türkiye. The project is expected to enhance regional tourism, trade and employment, while significantly reducing travel time between Antalya and Alanya.
The Çakmak team was led by partner Mustafa Durakoğlu and included counsel Aslı Pabuççuoğlu, together with associates Selin Erten Yaşar and Elsu Doğa İncesu and legal intern Gürem Ulusoy.
We congratulate the parties on this successful transaction.
