An overwiev on public-private-partnership projects: a case of Turkey

Abstract

Purpose- The aim of this paper is to review the PPP projects that have undertaken in Turkey over a period of 1980-2018. Methodology- The statistics of PPP projects are examined in terms of the number of projects, values of investments, sectoral distribution. Findings- Turkey is one of the top users of PPP financing models to construct public projects by comparing the some other countries initiating lots of PPP projects over a long period. Conclusion- In order to achieve success in this complex structure consisting of public, sponsors and financiers in PPP, it is critical to prepare a good project. Predictability of the project obligations will minimize the possibility of additional costs in the future. Ensuring that the tendering and contracting processes are correctly configured, hence, all project risks can be identified and the risk sharing can be done more accurately.