Istanbul's third airport is one of the world's largest airports today
Istanbul's third airport is one of the world's largest airports today:
The Turkish government is working hard to develop the country's infrastructure.
So, whenever a project’s instruction is done the Turkish government begins to establish a new big infrastructural project.
Being the bridge between the East and the West, Turkey is an attracting point for foreign investment. And the infrastructure development projects are undoubtedly contributing to the growing number of foreign investment projects in the country.
The world's largest airport in Istanbul, Istanbul III Airport, was recently opened on 29 October 2019.
The airport was built between the areas of Tiakadin and Akinar in Chatalga area near Lake Tercus in the European part of Istanbul.
Istanbul III Airport is the project of the century, contributing to the inclusion of Turkey in the list of the 10 most powerful economies in the world. The airport is expected to contribute 4.9 per cent of gross domestic product and $ 79 billion in additional profits.
Istanbul Airport is built on an area of 7659 hectares and can accommodate 150 million passengers annually. The airport has 165 passenger terminals and a railway linking all airport terminals. It also has 6 runways for landing and take-off of aircraft, and provides a preview garage for 500 aircraft at once. It includes 3 electronic control towers, 8 control towers, and a parking space for 70,000 cars.
It has a birdwatching radar for the safety and security of birds and is the first airport in the world to contain such a radar.
It is worth mentioning that the third airport will contribute significantly to the rise in real estate prices in the areas around the airport and the nearest areas in Istanbul.
Istanbul real estate has witnessed a large turnout of foreign investors wishing to buy apartments in Istanbul, this period was considered the golden period for real estate investment in Istanbul because the mega projects such as the largest airport in the world and the Istanbul Canal project will increase the prices of Istanbul real estate is unprecedented .