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Economy 2 sources 2 stories

Union objects to privatization of bridges and highways; Bodrum properties included in scope

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Yapı-Yol Sen announced that it calculated the 30-year revenue of the 2 Bosphorus bridges and 8 highways brought into the privatization scope by a decision published in the Official Gazette on September 5 at $25.2 billion. A separate Presidential Decree also brought 4 Treasury properties in Bodrum and Sarıyer into the scope.

The union argues that the targeted 3.5-4 billion dollar price is a tenth of the 30-year revenue. All the properties in the privatisation scope belong to the Treasury and the process will be completed by 31 December 2028. The Bodrum sites include a peninsula tip in Gündoğan and a beach in Kumbahçe.

Union objects to privatization of bridges and highways; Bodrum properties included in scope
Photo: Cumhuriyet

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Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Cumhuriyet2 articles19 Sept, 04:00 Yapı-Yol Sen’den özelleştirmelere tepki: ‘Kamu kaynağı üç kuruş bedelle sermayeye peşkeş çekiliyor’

Story thread 2 stories

  1. Bridges and highways to be privatized by 2031, French Egis met officials The 15 July Martyrs and Fatih Sultan Mehmet bridges and highways under the General Directorate of Highways will be privatized for 30 years without ownership transfer. Privatization will conclude by Dec. 31, 2031, and Egis met officials in Ankara.
  2. Union objects to privatization of bridges and highways; Bodrum properties included in scope Yapı-Yol Sen announced that it calculated the 30-year revenue of the 2 Bosphorus bridges and 8 highways brought into the privatization scope by a decision published in the Official Gazette on September 5 at $25.2 billion. A separate Presidential Decree also brought 4 Treasury properties in Bodrum and Sarıyer into the scope.

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