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๐Ÿ‡น๐Ÿ‡ท Turkey /Economy & Trade

Privatization authority explains motorway and bridge plans: priority is improving service quality

From Cumhuriyet · () Turkish

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

At a glance

News Official statement New plan
  • Turkey's Privatization Administration said the motorway and bridge program does not involve selling public assets.
  • It said authorities are considering transferring operating rights for a specific period while ownership remains with the state.
  • The administration said improving service quality is the priority.

Turkey's Privatization Administration has sought to clarify what the inclusion of certain motorways and bridges in the privatization program means.

The administration said the work concerns a model based on transferring operating rights for a limited period. Ownership of the public assets would remain with the state under that model.

It therefore characterized the process as different from an outright sale of public assets. The administration said the priority was to raise service quality.

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.