USD 159 billion
Total value of PPP contracts in Turkey during the 1986-2021 period.
Total number of PPP projects in Turkey during the 1986-2021 period.
Total motorway length targeted to be reached in Turkey by 2035.
The share of rail sector among infrastructure investments in Turkey in 2023.
Turkey’s developing economy offers lucrative investment opportunities in infrastructure across a wide variety of sectors including transportation, healthcare, and energy. Between 1986 and 2021, contracts for 253 Public-Private Sector Partnership (PPP) projects with a total value of USD 159 billion were signed. The fact that more than half of these projects have reached financial closure in the past decade demonstrates Turkey's growing expertise in this field in the best way.
Turkey has solid rationales for investment in infrastructure:
- The Turkish economy exhibits a robust annual GDP growth rate of 5.1 percent on average.
- Turkey’s 84 million strong population is growing by an additional 1 million every year; this is coupled with a rapid urbanization process that has resulted in more than 24 urban centers with populations over 1 million, and of which 9 of those have populations of over 2 million.
- Turkey’s growing international trade volume and strategic location compel the country to develop its infrastructure.
- As a bridge between the East and the West, Turkey leads the Middle Corridor at the heart of the Belt and Road Initiative (BRI).
- Hosting more than 600,000 foreign patients a year, Turkey has significantly improved the quality of its healthcare services and will continue to invest in healthcare infrastructure to catch up with OECD.
- From transportation to healthcare and to energy, ample opportunities from mega to micro projects are available in the pipeline.
- Turkey has favorable investment legislation for PPP investments that may be realized through various models, such as build-operate, build-operate-transfer, transfer of operational rights, etc.
- Turkey’s government provides various forms of support and incentives to accelerate the project development.
- Turkey’s investment climate is further strengthened by domestic and international laws that protect investments and provide international arbitration in cases of necessity.
- Turkey’s macroeconomic policies, investments, and more importantly, strong public finance management, support PPP investments that require guaranteed purchase.