Bergiz Construction


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"Iran is seeking partnerships with Turkish companies for highway, airport and railway projects worth $10 billion over the next three to five years, Iranian Ambassador to Turkey Ali Reza Bikdeli said in an interview in Ankara. 'We have many projects,' Bikdeli said late Monday. 'We are ready to award these projects to internationally-proven Turkish companies.' ... Contracts to Turkish corporations would be awarded through work partnerships with Iranian companies and without bids, Bikdeli said. Ankara-based construction company Bergiz Insaat, in a joint venture with an Iranian state company, has already begun building a $1 billion highway project and an $800 million subway in northwestern Iran, he said. Turkey’s state-run TC Ziraat Bankasi AS should also do business with Iran, Bikdeli said. Turkish lender Turkiye Halk Bankasi AS handles payments for Iranian energy transactions." (Bloomberg, "Iran's Envoy: $10 Billion Projects Await Turkish Companies", 6/23/15)


"A Turkish firm will invest $720 million to build a highway in northwestern Iran. Esmaeil Jabbarzadeh, governor general of Iran's East Azarbaijan Province, said that the Tabriz-Bazargan highway will be built by a joint venture through Turkish Bergiz Company, Iran's IRNA news agency reported on Feb.25. Some 30 trillion rials (about $1.2 billion) will be invested in the project, he said, adding that 65 percent of the sum, equal to $720 million, will be invested by the Turkish company and the rest will be invested by the Iranian Transport and Urban Development Ministry." (Trend, "Turkish firm to invest $720M to build highway in Iran," 2/25/15) 


"Aiming to increase economic cooperation in the global arena, Iran is carrying out significant projects in cooperation with Turkey. Besides a 300-kilometer-long highway project, the most important project in Iran's infrastructure was chartered to Turkey. Iran gave the Tabriz subway project to Ankara-based Bergiz İnşaat. Berfu Tutumlu, a member of Bergiz İnşaat's executive board, said that the subway project will be completed for $850 million. Tutumlu added, 'The subway line for which we signed a pre-settlement agreement, starts at Tabriz Airport and connects to the Southern Ring Road passing through the city center. We want to complete the project by 2017. A panel of officials came from Tabriz and looked into our operations.' Pointing out that Bergiz İnşaat had been given the Tabriz-Bazargan Highway Project, one of the most significant highway projects in Iran, Tutumlu stated, 'We signed a 255-kilometer-long highway project with Iran. The build-operate-transfer model will be used in the project, costing nearly $1 billion. Including the subway, the total cost will reach $1.8 billion.'" (Daily Sabah, "Turkish firm to build subway in Tabriz, Iran," 12/25/14)