Türkiye Plans Privatization of 2 Istanbul Bridges, Highways
44 Articles
44 Articles
The Privatization Administration (ÖİB) denied speculations regarding bridges and highways, stating, "There is no sale involved here. The operating rights will be granted." In its statement, the Privatization Administration (ÖİB) put an end to speculations about privatizations. The General Directorate of Highways (KGM)...
Turkish President Recep Tayyip Erdogan signed a decree transferring two Istanbul bridges and ten highways to private companies for a period of 30 years. The Turkish government is not going to sell bridges across the Bosphorus and highways. The country's Ministry of Finance and Treasury has begun preparations for a tender for the right to operate roads, RIA Novosti reports. “Highways and bridges will not be sold. They will remain owned by the sta…
The authorities of the Republic of Turkey are considering the possible transfer of two Istanbul bridges through Bosphorus and ten motorways to private companies for a period of 30 years.
Turkey revived a 30-year plan to sell the operating rights of the 15 July Martyrs and Sultan Mohammed Al-Fatih Bridges in Istanbul, along with highways, with the aim of completing privatization by the end of 2031.
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