Turkey in Talks to Sell Izmir Port Operating Rights to Gulf Investors
Ship-to-shore cranes and shipping containers at Alsancak Port in Izmir, Turkey.
Photographer: Moe Zoyari/BloombergThis article is for subscribers only.
Turkey is negotiating with Gulf Arab countries to sell the operating rights for Alsancak Port in the Aegean city of Izmir, in what would be the first major deal under Turkey’s push for foreign investment under its new economic team.
“There are investment talks with countries in the Gulf region and Alsancak Port is also in the scope of these investments,” Transportation and Infrastructure Minister Abdulkadir Uraloglu told Bloomberg on Monday.