Mehmet Cengiz's Prestige Project in Bodrum: Partnership with Bulgari
Cengiz Holding and Bvlgari Launch Ambitious Project in Bodrum’s Paradise Bay
Cengiz Holding and the world-renowned jewelry brand Bvlgari have embarked on a landmark development in Bodrum’s Cennet Bay. On a 678,000 m² parcel acquired from the Privatization Administration, they will build roughly 100 villas and a luxury hotel to be managed by Bvlgari.
Cengiz Holding’s Investments and Activities
Since the early 2000s, Mehmet Cengiz’s investments have brought him significant recognition. Between 1990 and 2020, he directed USD 42.92 billion into nine major projects, cementing Cengiz Holding’s reputation as a global leader in large-scale infrastructure.
Role in the Mining Sector
Cengiz Holding has made strategic acquisitions—such as Eti Bakır’s Küre and Samsun plants, Eti Alüminyum, and the Murgul operations—to become a major force in Turkey’s mining industry.
Role in the Energy Sector
In energy, Cengiz Holding holds partnerships in electricity distribution companies under TEDAŞ, strengthening its diversified business portfolio and securing a key position in Turkey’s power market.
Contributions to Sport
Mehmet Cengiz is Honorary President of Çaykur Rizespor and has spearheaded multiple sports projects, including a state-of-the-art facility in Rize’s Gündoğdu district bearing his name. His support for sport underscores his multifaceted success and community commitment.
Frequently Asked Questions
What project is Mehmet Cengiz undertaking in Bodrum?
He is developing a luxury complex in Bodrum’s Cennet Bay consisting of 100 villas and a Bvlgari-managed hotel—Bvlgari’s first in Turkey, joining its portfolio in London, Dubai, Bali, and Paris.
In which other sectors does Mehmet Cengiz operate?
Starting in construction—gaining prominence in the 1990s with luxury hotels in Antalya—he has since expanded into tourism, mining, infrastructure, airport operations, and insurance. His acquisitions of Eti Bakır and Eti Alüminyum facilities firmly established him in mining and energy.
How has Mehmet Cengiz impacted the sports world?
As Honorary President of Çaykur Rizespor, he has led high-profile projects including a European-standard sports complex in Rize, contributing significantly both to the club’s development and to Turkish sports infrastructure.
What are Cengiz Holding’s major investments?
Under Mehmet Cengiz’s leadership, Cengiz Holding invested USD 42.92 billion across nine large-scale projects from 1990 to 2020, spanning infrastructure, mining, and energy. These diversified, strategic investments have positioned the company among the world’s premier infrastructure contractors.
Who is Mehmet Cengiz?
Born in 1958 in Kalkandere, Rize, Mehmet Cengiz co-founded Cengiz İnşaat with his brother Ekrem. He rose to fame in the 1990s through luxury hotel developments and has since built a business empire spanning construction, tourism, mining, infrastructure, airports, and insurance. His leadership has guided Cengiz Holding to manage some of the world’s largest infrastructure projects, and his sporting investments—particularly with Çaykur Rizespor—reflect his broad influence in both business and community life.