TAV Construction is a member of the TAV Group, which was founded in 1997 when two leading Turkish conglomerates, Tepe Group and Akfen Holding teamed up to bid on (and be awarded) the Build-Operate-Transfer (BOT) contract for the new Istanbul Ataturk Airport. The immediate aim of the company was to pursue the first airport in Turkey to be developed under privatization with the BOT model. Meanwhile, the broader vision was to branch out into airport construction, financing, operations and related consulting and management services in the global arena.Foreseeing the tremendous growth of the aviation industry both in Turkey and globally, the founders of the company established TAV Construction in 2003 with the vision to become a leading brand in airport construction. Within a very short time, TAV Construction undertook an extensive list of projects worth more than $18.5 billion, rapidly becoming the undisputed leader in the region. The performance of TAV Construction has regularly been recognized by the Engineering News Record (ENR), a globally recognized publication in the construction industry, where in 2014, 2015 and 2016 consecutively TAV Construction ranked number 1 in the world in airport construction.In 2012 Aéroports de Paris Group (ADP) became the largest shareholder of TAV. With ADP, TAV Construction is stronger than ever, with increased expertise and goegraphical outreach.