Turkey to privatize Bosphorus bridges
Posted by meb at June 14th, 2008
Turkey’s Finance Minister Kemal Unakitan said that the “Bogazici” and “Fatih Sultan Mehmet” bridges of Istanbul would be privatized.
Lawmakers were discussing the draft law envisaging the privatization of highways and bridges in Turkey.
Speaking at the meeting Unakitan said such privatizations were of great importance taking into consideration the economic structuring and transformation process Turkey was going through currently.
“The highways, which would be privatized by way of ‘transfer of operating rights,’ were located on 6 main routes and the total length of such roads reached 1860 km,” he added.
The Finance Minister defended the privatization efforts saying that privatization of highways and bridges would have numerous positive effects such as the transfer of high-technology, increase in productivity, decrease in traffic accidents, time and fuel saving and prevention of environmental pollution.
source: The New Anatolian
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