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#TDS Design & Development Summit

TOKI’s investment preparation for 2020 Olympics

Turkey’s Housing Development Administration (TOKI) will be responsible for construction of inner and outer facilities of all Olympic games.

Chairman of TOKI, Ahmet Haluk Karabel, said that a 20-billion Turkish Lira fund had been allocated to the administration by the government to use in construction works for the 2020 Olympic Games which may be hosted in Istanbul.

In a statement made to AA reporter, Karabel said the greatest investments of sport history in Turkey had been realized.

20 new stadiums are to be constructed in this cooperation and the build of 11 stadiums to be continued, he stated eight of the stadiums were at tender and preparation phase.

TDS13 Toki Body Image

3-billion Turkish Lira investment in stadiums

Construction of stadiums in Afyonkarahisar, Malatya, Sivas, Eskisehir, Samsun, Gaziantep, Adana, Sakarya, Trabzon and two stadiums in Antalya continued, Karabel added:

“Kocaeli Stadium is in tender phase. Its tender will be launched on July 22, 2013. There are 7 stadiums at preparation phase. These stadiums are in provinces of Ankara, Diyarbakir, Hatay, Batman, Izmir and Edirne. Besides stadiums of TOKI, there are applications of 951 sport halls. We are constructing 431 stadiums within the protocols done with Ministry of National Education. About a 3-billion Turkish Lira investment will have been allocated for the stadiums.”

Will Istanbul win the host bid for the Olympics? Are you part of a project involved in any of these #FutureStadiums? Give us your thoughts on our Twitter or LinkedIn group.