Turkish Motorways privatisation
This project included the privatisation of approximately 2,000km of motorway in Turkey. For any concession, buying such an extensive asset and having to evaluate the cost of its operation over the length of the concession (typically 30 years) requires expert strategic advice.
- AECOM
- Fjori Ltd
- Turkey
- 2012
- Pavement Management System modelling
- Specification and evaluation of surveys
- Development of capital expenditure profiles
- Lifecycle assessment
- Using data from across the Turkish motorway network, Fjori developed a model which allowed rapid assessment of maintenance scenarios.
- Long-life pavement strategy based on UK and US methodology for evaluation.
- Modified Long-Life Pavement to AASHTO standards and IRI Data Assessment.
- Functional life assessment performed using the AASHTO 1993 Equation.
Fjori’s client AECOM led the overall strategic advisory aspect for this project. However, because of Fjori’s internationally recognised expertise in pavement engineering management and strategy, we were asked to join the AECOM team in order to provide guidance and advice on this aspect of the project.
Using robust and recognised techniques, Fjori helped AECOM develop a sophisticated capital investment model based on very limited asset data which permitted the consortium to make decisions on risk factors highlighted by the team. In essence, Fjori’s role allowed the risks to be recognized and properly considered.
The bidding consortium for whom our client AECOM was working was ultimately successful in winning the concession to operate these motorways. However, unfortunately the Turkish Government elected to cancel the process at the final hurdle, considering the whole privatisation to be poor value for the country.