Toll roads to go public

ANKARA - Anatolia News Agency

The Turkish government is working to introduce the necessary measures to offer toll roads and bridges to the public, including the elimination of legal obstacles and establishment of a new company under the Privatization Administration.

The Finance Ministry had canceled the $5.7 billion toll road privatization tender, finding the winning bid lower than expected. Now the government is looking to change a clause in Turkey’s land road code that features an obstacle to the direct privatization of toll roads and bridges by public offering, Transportation Ministry officials said. The government will amend the clause at issue and will found a company under the privatization body, which will be offered to the public.