Turkey’s ruling AKP continues privatization with ports

As a result of privatizations, begun in 1986 and accelerated under the AKP rule, all public shares in 268 institutions and business organizations have been sold out. The new goal for Turkey’s ruling AKP is to sell out ports that could not be privatized in previous periods due to underbidding.
Thursday, 21 May 2020 08:34

Turkey’s ruling AKP aims mainly at the privatization of ports in 2020. AKP’s privatization policies involving 273 institutions have sold out all public shares in 268 of these institutions by now.   

According to Nurcan Gökdemir from BirGün daily, the 2019 “activity report” released by Turkey's Directorate of Privatization Administration declares future goals. Reporting that privatization will carry on “for an active market mechanism,” the administration will privatize companies and properties on its portfolio, adding new ones. 

Taking on the privatization of ports by transfer of operating rights as the main port policy, the report declares that the Directorate will go out to tenders, which were cancelled or incomplete due to underbidding this year. 

The highlights in the report are as follows:

Güllük Port in Turkey’s Muğla: Final negotiations concerning privatization of the port by the transfer of operating rights for a period of 45 years took place in 2017. The tender was cancelled by presidential decision.

Taşucu Port and Port Backcourt in Turkey’s Mersin: A tender was organized in 2018 concerning privatization of the port by the transfer of operating rights for a period of 36 years, and privatization of port backcourt by direct sale. The tender was cancelled due to underbidding.  

Fenerbahçe-Kalamış Marine in Turkey’s İstanbul: A tender was organized concerning privatization of the port by the transfer of operating rights for a period of 36 years in 2017. No bid was offered due to bid deadline.

Kuzu Port in Turkey’s Çanakkale Gökçeada: Construction plans on the rearrangement of Kuzu Port as marine and passenger port with the aim of developing sea tourism in Turkey’s Gökçeada went into operation in 2017. A tender was organized in 2018 concerning privatization of the port by the transfer of operating rights for a period of 36 years. The tender was cancelled due to underbidding.