Turkey to sell operating rights to port of Izmir ...Kuwait

News by : (The New Arab) -
Turkey is looking to sell the operating rights to the Alsancak port in the city of Izmir as part of a push to increase foreign investment. The buyers have not yet been named but the Turkish Minister for Transportation and Infrastructure Abdulkadir Uraloglu stated that talks were currently ongoing with Arab countries in the Gulf. The minister told Bloomberg that "there are investment talks with countries in the Gulf region and Alsancak port is also in the scope of these investments." The port is currently owned by the Turkish sovereign wealth fund TWF and operated by the national rail company TCDD. According to the freight group it can handle up to 1.2 million twenty-

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