IC, which was established in 1969, has been one of the top contractors for major government projects and works on infrastructure engineering and construction, road and ports operations and electricity production.
It is best known for building Turkey's first nuclear plant, together with Russia's Rosatom affiliate Titan-2 as part of a $9.3 billion engineering, procurement and construction (EPC) contract. The first reactor at the 4,800-megawatt (MW) Akkuyu plant is expected to come on line no later than 2025.
IC will bid for contracting work on Turkey's planned second and third nuclear plants, Bayar said in an interview.
"It could be with Russians or with others. If there's a tender we will definitely submit bids," he said, adding that IC may also work as a nuclear plant operator.
Turkey wants to follow up with a second plant in the north and a third in the northwest. It has been in talks with Korea and Russia for the second, and with China for the third plant.
IC expects revenues of $5.5 billion this year, up from $4.5 billion last year, and is interested in large-scale engineering and construction projects abroad, Bayar said.
Last year, it won the contract to build Long Thanh airport in Vietnam's Ho Chi Minh City as part of a consortium and has secured an EPC contract for a bridge in Saudi Arabia worth more than $1 billion, Bayar said.
It is looking at construction contracts for Saudi Arabia's massive NEOM development project among others, he said, adding: "We think we have a chance in those that require extensive engineering expertise".
Bayar said IC is also looking into projects in Vietnam, Malaysia and Pakistan.
"We think we have sufficient know-how when it comes to infrastructure operation abroad. We have sizable capacity, we will be looking into these projects as well," Bayar said, adding that it is planning to bid for a Qatar road operation tender.
Bayar also said that IC has mandated JP Morgan for a eurobond issue to finance its around 500-MW battery storage renewable energy and construction projects.
Earlier this year, IC listed IC Enterra (ENTRA.IS), opens new tab, a holding company for hydroelectric and solar assets. It also plans further initial public offerings for other assets.
