VOL. XLVII

No 19

10-May-2004

TURKEY

Turkey To Launch Power Privatization Tenders In October

Turkey is planning to launch tenders next October to privatize power distribution companies covering 21 regions including the European side of Istanbul, the capital, Ankara, and the port of Izmir. Privatization of the power sector has been under consideration for some time as part of reform package agreed with the International Monetary Fund (IMF MEES, 23 June 2003). Among the firms interested in the...