Port News & Information Mediterranean, Black & Caspian Seas

Turkey extends the term of port concession contracts to 49 years

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Ankara, Turkey (PortSEurope) December 28, 2022 – Turkey has automatically extended the term of port concession contracts to 49 years. The agreement applies only to now privatised and previously state-owned ports. Such ports with contract of less than 49 years, will extended automatically to the new period. The purpose is for ports to remain in…

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