3/3/2008

Bridges will be sold for $6 billion

Announcements regarding the privatization of the bridges and the motorways through the transfer of the operating rights will be made in April and the tender process will be completed in September. The Bosphorus Bridge, the Fatih Sultan Mehmet Bridge, the Izmir Beltway/Freeway and the Ankara Beltway/Freeway along with some other motorways will be privatized. These privatizations are expected to produce a $6 billion revenue. (SULEYMAN YASAR / TARAF)