TAX - Exemption from the 3rd bridge construction KDV

www.dunya.com - Amendment to the tender documents the construction of the Northern Marmara Motorway Project, the project is exempt from VAT on the construction of the provision was made to the specifications.
 ANKARA - 3rd to the Bosporus Strait in the North Marmara Motorway Project including the construction of the bridge was learned that are exempt from VAT.
 Build-Operate-Transfer (BOT) model will be built with the law will exempt KDV large-scale infrastructure projects recently approved by President Abdullah Gul had gone into effect.  (source)

CAPITAL MARKETS - Islamic bond may be linked to third bridge

www.hurriyetdailynews.com - Turkey may issue its first sukuk, an Islamic finance tool, to be linked to the toll revenues of a planned bridge over the Bosphorus, daily Vatan claimed without quoting sources. The Treasury has already started a study on the issue, the newspaper said.

The paper said Deputy Prime Minister Ali Babacan’s Jan. 30 speech at a Capital Markets Board (SPK) meeting in Istanbul was a signal for the attempt. Turkey may issue its first sukuk this year, Babacan said at the meeting. (source)

CAPITAL MARKETS - Islamic bond may be linked to third bridge

www.hurriyetdailynews.com - Turkey may issue its first sukuk, an Islamic finance tool, to be linked to the toll revenues of a planned bridge over the Bosphorus, daily Vatan claimed without quoting sources. The Treasury has already started a study on the issue, the newspaper said.  (source)