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[BUSINESS] · Türkiye · 2 sources

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Turkey approves sale of state-owned properties and land

President Recep Tayyip Erdoğan has signed decrees published in the Official Gazette authorizing the sale of various state-owned properties and the inclusion of new assets in privatization programs.

In Ankara, a 18,197 square meter Treasury land parcel in the Çankaya district has been approved for sale to Çatkaya Gayrimenkul Danışmanlık Mühendislik Tarım Jeotermal Turizm Sanayi Ticaret Limited Şirketi for 694 million lira. Additionally, a property in the Gölbaşı district was approved for sale to Emre Gökdemir İnşaat Mimarlık Taahhüt Sanayi ve Ticaret Limited Şirketi for 50 million lira, and a site owned by Türkiye Şeker Fabrikaları AŞ in Polatlı was sold to Kocabay İnşaat Malzemeleri Sanayi ve Ticaret Limited Şirketi for 94.75 million lira.

The Privatization Administration (ÖİB) also received approval for zoning plan changes in the Lodumu and Çayyolu 1 neighborhoods of Çankaya. Furthermore, 37 properties owned by the General Directorate of Highways (KGM) across 16 provinces have been added to the privatization program, with sales expected to be completed by December 31, 2028.

Entities

Ankara · General Directorate of Highways · Privatization Administration · Recep Tayyip Erdoğan · Türkiye Şeker Fabrikaları AŞ