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🇹🇷 Turkey /Energy & Infrastructure

Government Puts Bridges and Highways Up for Sale: “It Cannot Be Explained Rationally”

From Cumhuriyet · () Turkish

Translated from Turkish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Turkey’s government has decided to privatize Istanbul’s 15 July Martyrs and Fatih Sultan Mehmet bridges, as well as numerous highways and ring roads.
  • Economist E. Onur Çanakçı said selling the two Bosphorus bridges required an explanation because they generate substantial revenue.

Turkey’s government has put Istanbul’s two major Bosphorus bridges and numerous highways and ring roads on the path to privatization, prompting sharp criticism from economist E. Onur Çanakçı.

The decision covers the 15 July Martyrs Bridge and the Fatih Sultan Mehmet Bridge, along with a range of motorways and urban bypass roads.

Çanakçı questioned why the bridges should be sold, describing them as assets that generate money almost like the national mint. “Privatizing two Bosphorus bridges that print money like the Mint requires an explanation,” he said.

Privatizing two Bosphorus bridges that print money like the Mint requires an explanation.

· E. Onur ÇanakçıThe economist criticized the government’s decision to privatize Istanbul’s two major Bosphorus bridges.
About this summary

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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