Wedoany.com Report-Dec.5, Watson Farley & Williams (WFW) has advised Limak İnşaat Sanayi ve Ticaret AŞ and project company Antalya Alanya Otoyolu İnşaat Yatırım ve İşletme AŞ on the sustainability-linked financing for the €2.5 billion Antalya–Alanya Motorway public-private partnership in Türkiye.

A new highway in Turkey will connect Antalya and Alanya, helping boost tourism in the region

The 122 km motorway, developed under a build-operate-transfer (BOT) model, will run along Türkiye's Mediterranean coast, connecting the tourism centres of Antalya and Alanya. Upon completion, the route is expected to reduce travel time between the two cities from approximately 2.5 hours to 36 minutes, while improving road safety and supporting economic development in the region.

The financing package combines conventional, covered, and Islamic facilities and is backed by a debt assumption from the Turkish Treasury, providing sovereign support consistent with Türkiye's public-private partnership framework.

The lender group includes multilateral development banks and major international and Turkish financial institutions: Asian Infrastructure Investment Bank (AIIB), Black Sea Trade and Development Bank (BSTDB), Islamic Development Bank (IsDB), Islamic Corporation for the Development of the Private Sector (ICD), Silk Road Fund Co, Industrial and Commercial Bank of China (ICBC), Deutsche Bank AG, Bank of Bahrain and Kuwait BSC (BBK), Akbank TAŞ, Türkiye Garanti Bankası AŞ, Türkiye Vakıflar Bankası TAO, TC Ziraat Bankası AŞ, QNB Bank AŞ, and Kuwait Turkish Participation Bank INC.

The sustainability-linked structure aligns the project's financing terms with environmental, social, and governance performance targets, reflecting growing emphasis on responsible infrastructure development in Türkiye's transport sector.