RAILWAYS

Derince Port privatized

Derince Port was privatized and left empty: Derince Port, which is the only state port in Izmit Bay, owned by TCDD General Directorate, was discharged to Safi Holding for 543 year for 39 million dollars after a controversial process. [more…]

GENERAL

Derince Port of Safi Holding

Derince Port belongs to Safi Holding: Derince Port belonging to the General Directorate of TCDD, which has not been operated efficiently for years despite being one of the largest ports in Turkey and was put out to tender by the Privatization High Council last year, is 543 million dollars. [more…]