PRIVATISATION – WHAT'S NEXT 13 May 2013 - CASE

13 May 2013, WarsawPRIVATISATION – WHAT’S NEXTPrivatizationPPPPRIVATIZATIONPPPCurrent InvestmentsFuture Investments• In a broad sense the PPP projects can be considered as in-advance-privatizations ofthe future investments.• In many cases PPP models are emerging as an integrated part of privatizationprojects.• In connection of the privatization implementations Privatization Law No 4046 allowsthe application of almost all of PPP Models.Privatization of Vehicle Inspection Stationswith Revenue Sharing ModelProjected: $ 150MRealized > $ 300MProjected:$ 8,000 MExpected:$ 10,000 MPrivatizationTORNewInvestmentsPPPPrivatization RevenueInvestmentsGov’t Share : 30 - 40 – 50%Private Sector : Capex+Opex+ProfitPrivatizationRevenueRevenuSharing613,5- milyon $20 During preparation phase two concession zones for whole Turkey have been established. The JV Group (Akfen-Dogus-TÜV) has won tenders for both zones for $ 613.5M in 2005. The contract has been signed in 2007. Concession period is 20 years. The obligation due to contract to establish 189 stationary and 38 mobile stations in 18 months has beensatisfactorily fulfilled by the investor. (Currently 193 stationery and 71 mobile stations are in operation and3.000 people are employed.)Source: Privatization Administration75Privatization in Turkey – And what next?