Thermal Power Station Rehabilitation as GAMA Power Systems, the construction works of 200MW Hartha Unit-1 Thermal Power Station Rehabilitation started on October 1, 2019. The contract was signed on November 19, 2017 as GAMA Power Systems and Mitsubishi Hitachi Power Systems with the Iraqi Ministry of Electricity and the Basra General Directorate of Electricity & Power Generation. Mobilization works of the project have been completed and electromechanical activities are continuing rapidly with more than 300 employees. The progress of the project has reached 19.37%, and is planned to be completed in November 2020.
Within the scope of the GAMA Holding Compliance Management program implemented at GAMA since June 2016, on October 1, 2019 a wokshop was organized by the EBRD “European Bank for Reconstruction and Development” and Baker Mckenzie’s Turkish representative Esin Attorney Partnership. Mehmet Artun, Risk and Compliance Management Coordinator and Hilal Yiğit, GAMA Power Systems Compliance Manager participated in the workshop on ”Effective Anti-Bribery / Corruption Compliance” representing GAMA Holding.
During the workshop, various Turkish contracting firms and other participating companies were informed about the activities carried out at GAMA since the beginning of the Compliance Management program, the processes related to the adoption of the program as a company culture and the hardhips encountered were discussed, and the questions of EBRD and firms on the matter were answered. The EBRD thanked GAMA for the effort and success in the Compliance Management program.
In the “Capital 500” survey conducted by the finance magazine Capital, which ranked the top 500 private companies, three of our companies entered the list. GAMA Energy Inc. Ranked # 153, GAMA Power Systems Engineering and Contracting, Inc. Ranked # 238 and GAMA Industry ranked 252th. We would like to thank the entire GAMA Family for their efforts.
As GAMA, we have been in the ENR List of Top International Contractors for 20 years. We are 118th in the 2018 Project Revenues ranking in which the amount companies obtain from foreign countries are compared. We would like to thank the entire GAMA family for their efforts and contributions.
For the investment and construction of the Three-Level Great Istanbul Tunnel Project which is planned to be completed in 2023, GAMA Holding signed the Memorandum of Understanding with one of the biggest Chinese company of the world, namely China Construction Third Engineering Bureau Co., Ltd and China Investment & Construction Group Holdings Limited (CICG) in GAMA Holding headquarters on July 26, 2019.
There are 2 millions of people who travel between the Asia and Europe continents on each day in Istanbul that is one of the largest cities on earth with the population of 15 million. Along with the rapid development of the city, this figure is predicted to be 4 million in the near future.
In order to meet this demand and to provide a smooth transportation, the Ministry of Transportation of the Republic of Turkey aims to achieve the Three-Level Great Istanbul Tunnel project that will connect the North Marmara, TEM, D100 highways with each other in addition to the metro line to access all the roads.
The project that will connect the highways to each side and the metro line through a tunnel will make the transportation in Istanbul calm and quick, and the daily inter-continental travel will reach to 6.5 million of people.
GAMA Holding that has successfully completed Marmaray Project previously aims to take place in the investment and construction of the Three-Level Great Istanbul Tunnel project with the memorandum signed with China Construction Third Engineering Bureau Co., Ltd and CICG.
A Memorandum of Understanding was signed on July 11, 2019 between FinEst Bay Area Development, TouchStone Capital Partners, China Railway International Group and GAMA for the construction of a 100 km submarine tunnel with an investment cost of 15 billion Euros to be built in the Baltic Sea.
GAMA, which brought the Marmaray Project connecting Asia and Europe to Istanbul, signed a Memorandum of Understanding to build the Tallinn-Helsinki Tunnel with the Chinese firm, which is intended to be the longest submarine tunnel in the world, within the scope of the “FinEst Bay Area Development ” project.
The 100 km Tallinn-Helinski submarine tunnel project, supported by the Finnish and Estonian Governments to ease heavy gulf ferry traffic, has a total investment of 15 billion Euros (US $ 16.5 billion) and is planned to be funded by Chinese financial company TouchStone Capital Partners and other international investors.
The tunnel project will be constructed by Gama together with China Railway International Group, which is in second place on the ENR listing, and TouchStone Capital. The project will bring together the cities of Tallinn and Helsinki underwater, which can be reached in 3 and a half hours by road and in 2 hours by ferry, under 20 minutes.
With deep sadness we announce that we have lost one of our partners, Former Vice Chairman of the Board of Directors and Managing Director, our beloved brother mechanical engineer msc Cemil Erol OZMAN.
We wish condolences to his family and loved ones and all our employees, may his soul rest in peace.
Rades-C 450 MW Combined Cycle Power Plant has been fired successfully on June 14, 2019 synchronized with the Tunisian National Grid on June 16, 2019 and started to produce electricity for Tunisia. Moreover, the Power Plant reached baseload on simple cycle on June 20, 2019.
Ankara University GAMA Vocational School, Alternative Energy Resources Technology Program students, with the contribution of the advisors Kenan Özel, using the professional internship experience they gained at GAMA Enerji Inc.’s power plants, they realized the 1 kW Horizontal Wind Turbine Project.
İzmir Provincial Health Director Op. Dr. M. Burak Öztop within the scope of his review tour has visited the Izmir Bayraklı City Hospital on June 12, 2019, which is a Türkerler – GAMA Joint Venture that will be operational with a build-operate-transfer model and has examined the ongoing work. After the tour by the Turkerler-GAMA officials to Öztop, a presentation was made about the latest situation and details of the project.