BASEAK and Dentons teams advised TACA Construction in relation to the contract signed with the Djibouti Ports and Free Zone Authority for the construction of a 5-star hotel in Djibouti.

TACA Construction is one of the leading Turkish construction companies and its roots trace back to the formative years of the Turkish Republic where the company’s foundations were laid by the efforts of Mr. Sait (Akkurt), grandfather of the present owner and chairman Tayyar Akkurt. The company delivered various major projects ranging from hotels and shopping malls to hospitals and congress centres in Turkey, Russia, Saudi Arabia, Turkmenistan, Serbia and Libya.

Tayyar Akkurt said to the press that “I believe Djibouti’s strategic importance will only increase given its position as one of the safest harbours in Europe-Asia axis and the pending opening of the Trans-Africa Railway. The hotel we will be building represents our first investment in Djibouti. TACA will manage all aspects ranging from design to construction.”

BASEAK and Dentons teams were led by partner Doğan Eymirlioğlu and Ian McGrath.

About Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership is an Istanbul-based full-service law firm led by almost 100 experienced professionals since 2007, each well equipped to provide creative and diligent transaction counselling and cutting-edge legal services. We advise national and multinational clients, including Fortune 500 companies on corporate and M&A, banking and finance, capital markets, competition and antitrust, public policy and regulation, employment and labor, project finance, real estate and construction, infrastructure and PPPs, franchising and distribution, trade, WTO and customs, intellectual property, data and technology, data protection, privacy and cybersecurity, arbitration, litigation and dispute resolution, and tax matters.