Being the home to many large PPP projects that are among the highest valued PPP projects in the world (eg, the third airport of Istanbul, the third bridge of Bosphorus and the Eurasia highway tunnel project), Turkey has, over time, developed many different PPP models and projects in different sectors such as the following.
• build-operate-transfer (BOT) model for infrastructure projects such as highways, airports and electricity generation facilities;
• build-lease-transfer (BLT) model for healthcare projects (and education facilities, under a separate piece of legislation yet to be implemented);
• transfer of operating rights (TOR) for ports and airports; and
• build-operate (BO) model for thermal electrical energy generation facilities.
For full copy of the article, please click here.
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Public Private Partnerships 2019 (Published: October 2018). For further information please visit www.gettingthedealthrough.com.