PM: Turkey outruns almost all EU countries in privatization sphere

Azerbaijan, Baku, October 30/Trend, R.Hafizoglu/ Currently Turkey outruns almost all EU countries in the sphere of privatization, Turkish Prime Minister Recep Tayyip Erdogan said at the opening of the tunnel, TRT Haber TV channel reported on Wednesday. According to the Prime Minister, privatization in the country is aimed at development of the private sector. Earlier, Turkish Privatization Agency (OIB) said that some 38 state facilities were privatized in Turkey since early 2013. The total volume of revenues from the privatization of the state property is $1.85 billion. "A major part of revenues ($1.725 billion) was get from the privatization of the corporation for electricity distribution "Toroslar Elektrik Dağıtım (A.Ş.)", " the report said. It is expected to get some $887.45 million of revenues from the privatization of 13 facilities of the state property that are under the stage of approval. Ski resorts, as well as a series of bridges and roads are among the privatized facilities. Do you have any feedback? Contact our journalist at agency@trend.az