content tagged with public private partnership

Ankara high-speed train station falls far short of passenger guarantees

Ankara high-speed train station falls far short of passenger guarantees

The 64% shortfall from the target will cost the Treasury over 67 million dollars in the most recet example of public-private partnership projects where actual usage failed to meet guaranteed levels.

Çanakkale Bridge opened: Costs to nature and public

Çanakkale Bridge opened: Costs to nature and public

The guaranteed payments will place the burden on the public and the unplanned development caused by the bridge will lead to ecological damage, economists and engineers warn.

Built by public-private partnership, Zafer Airport to cause 208 million Euro of public loss

Built by public-private partnership, Zafer Airport to cause 208 million Euro of public loss

Only 7,429 people used the airport in 2020 whereas the guaranteed number of passengers was 1.27 million.

11 March 2021 Hikmet Adal

Public-private partnership hospitals cost Health Ministry 8.7 billion lira last year

Public-private partnership hospitals cost Health Ministry 8.7 billion lira last year

The ministry currently has 13 "city hospitals" built in public-private partnership projects.

27 January 2021

Treasury to pay 390 million lira for vehicles that didn't pass through Eurasia Tunnel in 2020

Treasury to pay 390 million lira for vehicles that didn't pass through Eurasia Tunnel in 2020

The bridges, tunnels and highways built by public-private partnerships have become "black holes," says an opposition MP.

Turkey is spending billions of dollars for guaranteed payments in PPP projects

Turkey is spending billions of dollars for guaranteed payments in PPP projects

In all of the projects, the usage of facilities is lower than the guarantees, according to a report.