What YDA Holding does

YDA Holding is a privately-held Turkish conglomerate headquartered in Ankara, founded in 1954 (with 51+ years of cumulative construction experience through predecessor AKSA İnşaat) and currently led by the Arslan family with Chairman Hüseyin Arslan and Vice Chairman & CEO Cüneyt Arslan, both METU Civil Engineering graduates. The group employs approximately 24,000 people across 13 operating sectors including construction and contracting, real estate development, aviation, healthcare, agriculture, energy, IT, mining, defense and aerospace, industrial manufacturing, maritime, and support services. Its core revenue is generated through Build-Operate-Transfer (BOT) and Public-Private Partnership (PPP) contracts with government counterparties — Turkish ministries, DHMİ, TKI, and international ministries of health in Kazakhstan, Albania, Romania, and Iraq — supplemented by long-term operating concessions including the 26-year Dalaman International Airport concession (won 2014 with a EUR 705 million bid) and 30-year Aktau International Airport concession in Kazakhstan.

The group's operations span 9 countries across 3 continents (Turkey, Kazakhstan, Ukraine, UAE, Iraq, Georgia, Romania, Saudi Arabia, Albania, Afghanistan, Northern Cyprus) with regional headquarters in Astana and offices in Riyadh and Baghdad. Completed project portfolio totals USD 16.7 billion, with USD 11.2 billion in ongoing and planned work. Notable technical capabilities include the world's largest rooftop solar installation at Dalaman Airport (10,230 MWh/year covering 55%+ of airport energy needs on 45,000 m² of steel structure), Turkey and Europe's largest coal washing facility at Soma (5 million ton/year capacity), KEYDATA's domestic Hospital Information Management System for PPP hospitals, and the world's most beautiful airport rank (13th) for Dalaman. YDA holds ENR Top 250 International Contractors status, Class A Contracting Authority Certificate, Unlimited Overseas Contracting Certificate, ISO 9001/14001/45001/27001 certifications, and access to international development finance from EBRD, IFC, IsDB, and BSTDB.

The business model combines one-time construction revenue from large-scale infrastructure bids with recurring managed-services revenue from airport concessions (Dalaman, Aktau), PPP hospital operations (Kayseri, Manisa, Konya), industrial manufacturing at the YDA Industrial Park in Astana (six factories), agricultural exports under the Naturagreen brand to 8+ European countries, and coal processing fees at the Soma facility. Go-to-market is enterprise field sales targeting government tenders, PPP/BOT concession awards, and bilateral trade council channels (DEİK, TÜKİB); the company does not employ consumer-facing distribution. Customer concentration is high across government counterparties, and pricing is project-specific rather than tiered, with no public rate cards.

Name

YDA Holding

Legal name

YDA İnşaat Sanayi ve Ticaret Anonim Şirketi

Website

https://yda.com.tr

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

YDA Holding is a privately-held Turkish conglomerate that designs, finances, builds, and operates large-scale infrastructure projects — primarily airports, hospitals, and industrial facilities — for government clients across Turkey and 9 international markets under BOT and PPP concession models.

Ownership category

akta.pro rank

Product category

Construction & Infrastructure Services

NAICS

Management of Companies and Enterprises (55)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Services-Facilities Support Management Services (8744), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)

akta.pro secondary industries

Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ), Development Finance & Blended Finance Facilities (BPADAOAD)

Keywords

• Construction contracting
• Infrastructure development
• PPP project financing
• Concession operations
• Engineering services

Headquarters

HQ city

Ankara

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Construction & Contracting: Core revenue driver. YDA undertakes construction projects using BOT (Build-Operate-Transfer) and PPP (Public-Private Partnership) models for airports, hospitals, residential/commercial buildings, infrastructure (roads, railways, tunnels, bridges), and industrial facilities. Projects span Turkey and 9+ international markets. Revenue is project-based and one-time per project, with long-term operational income from BOT/PPP concessions.
2. Airport Operations: YDA operates Dalaman International Airport (since 2006, 26-year operating concession), Aktau International Airport in Kazakhstan (30-year concession), and manages other airport facilities. Revenue comes from passenger fees, retail/concession income, parking, and ground handling services.
3. Healthcare Facility Management: YDA Sağlık provides integrated health support services for PPP hospitals (Kayseri, Manisa, Konya City Hospitals). Services include medical support (laboratory, imaging, physiotherapy, sterilization, biomedical) and non-clinical support (cleaning, security, catering, facility management).
4. Mining Operations: MAYDA Madencilik operates the Soma Coal Washing Plant, providing coal washing and enrichment services. The plant processes domestic coal to improve quality for thermal power plants (primarily Soma Thermal Power Plant).
5. Agricultural Production & Export: YDA Tarım produces greenhouse tomatoes (Naturagreen brand) using high-tech greenhouses. Products are exported year-round to Germany, UK, Bulgaria, Netherlands, Ukraine, Moldova, North Europe, and Balkan countries.
6. Industrial Manufacturing: YDA Industrial Park in Astana (Kazakhstan) operates 6 factories producing medical gas/equipment, medical furniture, office furniture, prefabricated structures, PVC/aluminum, and boilers. Production serves Kazakhstan's domestic market to reduce import dependency.
7. Private Aviation: YDA Havacılık operates a private jet fleet (TC-ATM Gulfstream 450 with 16-passenger capacity, TC-YDA Falcon 900EX EASy with 14-passenger capacity), providing 24/7 charter services.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

YDA Holding is a Turkish diversified conglomerate that fundamentally executes large-scale turnkey construction, engineering, and infrastructure projects — including highways, hospitals, airports, power plants, and industrial facilities — typically under fixed-price EPC contracts or long-term PPP/BOT (Public-Private Partnership/Build-Operate-Transfer) concession agreements with governments and public entities in Turkey and international markets. Beyond construction, the group operates and maintains several of the infrastructure assets it has built (e.g., hospitals, airports, energy facilities) under multi-decade concession contracts, and runs related businesses in agriculture, mining, defense, and IT services.

Product overview

YDA Group is a diversified Turkish conglomerate operating primarily in construction and infrastructure, with subsidiaries across 13 sectors: Construction & Contracting, Real Estate Development, Aviation, Medical & Health, Agriculture, Energy, Information Technologies (KEYDATA), Mining (MAYDA), Defense & Aerospace (YDA Savunma, LASERSAN, Smart, ACRUX, AYDA), Industry (YDA Industrial Park), Maritime, and Support Services. The portfolio includes airport operations (Dalaman International Airport), PPP hospital projects (Kayseri, Manisa, Konya city hospitals), residential/commercial real estate developments, IT systems integration through KEYDATA, defense technology products, agricultural greenhouse operations (Naturagreen), coal mining through MAYDA, and renewable energy projects. The company operates across Turkey and 9 countries internationally (Kazakhstan, Ukraine, UAE, Iraq, Georgia, Romania, Saudi Arabia, Albania, Afghanistan, Northern Cyprus).

Differentiator

Problem solved

Functional benefit

Brands

• Naturagreen: Agricultural brand for greenhouse tomato products
• YDA Havacılık
• YDA Sağlık
• AYDA International
• LASERSAN
• Smart Tech
• YDA Industrial Park
• YDA Industrial Park

Products and services

• Turnkey construction contracting (EPC) End-to-end engineering, procurement, and construction delivery for highways, industrial facilities, and commercial buildings; target buyers are government ministries, municipalities, and large private developers.
• PPP/BOT infrastructure concessions Build, finance, operate, and transfer long-term concessions for hospitals, airports, highways, and power plants; intended for Turkish government ministries and sovereign/municipal authorities.
• Hospital facility construction and operations Design, build, finance, and operation of public city hospitals under PPP/BOT concessions; serves Ministry of Health and Turkish public healthcare system.
• Airport construction and operations Build, finance, and operate airport terminals and airside infrastructure under BOT concessions; serves Turkish and foreign civil aviation authorities.
• Energy generation and distribution Power plant construction, electricity generation, and distribution to grid/industrial offtakers; target buyers are state utilities and large industrial customers.
• Defense systems and solutions Defense industry products and systems for military and security customers; serves national armed forces and security agencies.
• Agricultural operations Agricultural production and processing operations; serves food processors and commodity buyers.
• Mining operations Extraction and supply of mineral resources; serves industrial offtakers and commodity markets.
• IT services IT systems integration and digital solutions for enterprise and public-sector customers.

Quantifiable outcome

• Dalaman International Airport passenger capacity increased to 15 million annually with new terminal
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Wuhan Business DelegationminorGTM or Marketing Partner · 1 January 2025YDA Group participated in Wuhan, China business delegation meetings to strengthen global business partnerships in 2025.
• Kazakhstan EngineeringcoreStrategic or Co-development Partner · 1 January 2024Kazakhstan Engineering, ASFAT, and YDA Group signed a 2024 maritime projects roadmap agreement for shipbuilding and repair facilities in Kazakhstan, targeting the Caspian Sea. Also a key partner in AYDA joint venture for international defense projects.
• ASFAT (Milli Savunma Bakanlığı)coreStrategic or Co-development PartnerASFAT (a Turkish Ministry of National Defense company) and YDA jointly established AYDA Integrated Defence Systems for international defense projects. The joint venture pursues defense projects in Kazakhstan, Iraq, and other markets. ASFAT, Kazakhstan Engineering, and YDA also signed a 2024 maritime projects roadmap agreement for shipbuilding and repair facilities in Kazakhstan.
• DEİK Kazakistan İş KonseyicoreGTM or Marketing PartnerTurkish Foreign Economic Relations Board (DEİK) Kazakhstan Business Council — Hüseyin Arslan has been active in Türkiye-Kazakhstan economic relations through this platform.
• Türkiye-Kazakistan Ticaret ve Sanayi OdasıcoreGTM or Marketing PartnerTurkish-Kazakhstan Chamber of Commerce and Industry — key platform for Türkiye-Kazakhstan business relations.
• Dünya Türk İş KonseyiminorGTM or Marketing PartnerWorld Turkish Business Council Kazakhstan structure — Hüseyin Arslan involved in Türk-Kazak İş Adamları Derneği (TÜKİB) High Consultative Council.
• Türk-Kazak İş Adamları Derneği (TÜKİB)minorGTM or Marketing PartnerTurkish-Kazakh Businessmen Association — Hüseyin Arslan serves on the High Consultative Council.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ENKA İnşaat: Turkish-listed international EPC contractor and conglomerate with ENR Top rankings across power plants, airports, and civil infrastructure. Closest direct peer to YDA on construction scale, international PPP/BOT model, and conglomerate structure spanning energy and real estate.
• Kolin İnşaat: Turkish EPC contractor with deep government relationships and PPP portfolio across transportation and energy infrastructure. Comparable to YDA on construction scale, BOT model, and concentration of public-sector contract wins.
• Rönesans Holding: Ankara-based Turkish conglomerate executing PPP city hospitals and large-scale construction projects for the Turkish Ministry of Health — direct peer on healthcare PPP model, hospital construction, and project-financed infrastructure delivery.
• Limak Holding: Turkish conglomerate operating Istanbul Airport (IGA) and major PPP infrastructure concessions — direct peer on airport concession economics, BOT project financing, and integrated construction-to-operations business model.
• TAV Airports: Turkey's leading airport operator and builder with long-term BOT concessions at Istanbul Atatürk, Ankara, and international airports — most direct peer to YDA's airport operations business and concession-driven recurring revenue model.
• Çalık Holding: Diversified Turkish conglomerate with construction, energy, textiles, and finance subsidiaries active in Central Asia and the Middle East — comparable to YDA's diversified international footprint and conglomerate structure.
• IC Holding: Turkish conglomerate with construction, energy, aviation, and tourism businesses including ICF Airports and large EPC project delivery — comparable on multi-sector Turkish conglomerate model and airport infrastructure participation.
• Makyol İnşaat: Turkish EPC contractor executing large-scale transportation infrastructure (highways, metro, tunnels) with BOT concessions — comparable to YDA on infrastructure scale, PPP experience, and government contract concentration.

Broad incumbents

• Bechtel Corporation: Global US-headquartered EPC contractor executing mega-infrastructure (airports, rail, energy) projects — comparable to YDA at the project scale and BOT/PPP infrastructure model, though serving different geographies and customer base.
• Doğan Şirketler Grubu Holding: Larger Turkish diversified holding company with operations across energy, industry, and finance — comparable at the holding/portfolio level though focused less on greenfield construction than YDA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ydagroup
• Instagraminstagram.com/ydagroup
• Xx.com/ydagroup_

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about YDA Holding