PM: Turkey outdoes almost all EU countries in privatization sphere
Azerbaijan, Baku, October 30/Trend, R. Hafizoglu/
Currently, Turkey is outdoing almost all EU countries in the sphere of privatization, Turkish Prime Minister Recep Tayyip Erdogan said at the opening of a tunnel, TRT Haber TV channel reported on Wednesday.
According to the Prime Minister, privatization in the country is aimed at the development of the private sector.
Earlier, the Turkish Privatization Agency (OIB) said that some 38 state facilities had been privatized in Turkey since early 2013.
The total volume of revenues from the privatization of state property is $1.85 billion.
"A major portion of our revenue ($1.725 billion) was received from the privatization of the corporation for electricity distribution "Toroslar Elektrik Dağıtım (A.Ş.)", " the report said.
It is expected to bring in some $887.45 million of revenue from the privatization of 13 state facilities that are currently awaiting approval.
Ski resorts, as well as a series of bridges and roads are among the privatized facilities.