Azerbaijan, Baku, October 7/Trend, R.Hafizoglu/
A tender was announced for the privatisation of the port of Derince which is on the balance sheet of the General Directorate of Turkish State Railways, Turkish Official newspaper (Resmi Gazete) reported on Monday.
According to the information, the port is located in Izmit province.
Local and foreign companies are allowed to participate in the tender. The participation fee in the tender is 20,000 lira. Bids are accepted up till December 10.
According to the newspaper, the total cost of the port is $30 million. The winner of the tender will manage the port for 36 years.
On July 24 the tender for privatisation of Istanbul's yachting marina was completed. The Sembol Uluslararası Yatırım-Ekopark Turizm-Fine Otelcilik Joint Venture won the tender. It offered $1.3 billion for the port.
Companies such as Cengiz İnşaat-Taca and İnşaat-Galeri Kristal also participated in the tender.
Two five-star hotels, restaurants and shops located at the port area were put up for privatisation within this tender.
The company which won the tender will manage the port for 49 years.
The official exchange rate on October 7 is 1.9964 TRY/USD.