$1.2 Billion Tunnel beneath the Bosporus Strait Slated to Open Today

Hürriyet Daily News reports that Istanbul’s new, 2.1 mile auto tunnel beneath the Bosporus Strait is scheduled to open today. The newspaper notes that the undersea crossing will reduce peak travel time between the city’s Asian and European sides from 100 minutes to about 15. The car toll rate will be about $4.00. The $1.2 billion tunnel was constructed on a build-operate-transfer model.