2023年土耳其基建及PPP投資機會

INVESTING

IN

INFRASTRUCTURE

&

PPPPROJECTSIN

TüRK?YE?July2023INVEST.GOV.TRAGENDAEXECUTIVESUMMARYNEEDFORINFRASTRUCTUREINVESTMENTTRACK

RECORDOPPORTUNITIESFAVORABLEINVESTMENTCLIMATE?

Healthcare?

TransportationWHY

INVESTINTüRK?YE?10

REASONS

TO

INVESTIN

TüRK?YE10

reasons

toinvest

in

TürkiyeSKILLEDANDCOMPETITIVELABOR

FORCEDOMESTIC+

ACCESSIBLEECONOMYMARKETSROBUSTSTRATEGICLOCATIONFAVOURABLEDEMOGRAPHICSCONTINUOUSREFORMPROCESSLUCRATIVEINCENTIVESBENIGNR&DECOSYSTEMSECTORALOPPORTUNITIESBUSINESS-FRIENDLINESSinvest.gov.trTüRK?YE

HAS

A

STRONG

CASE

FOR

INVESTMENTIN

INFRASTRUCTUREEXECUTIVESUMMARYInvestmentNeedforDevelopment?

Turkish

economy

isrobustly

growingwithan

average

annual

GDP

growth

rateof5.4%.?

Türkiye’s85.3

million

strong

population

isgrowingwithadditional

1

million

people

everyyearcoupled

witharapidurbanization

process

whichhas

resulted

inmore

than

24urbancenters

with

populations

over1million.?

Türkiye’sgrowingtradevolume

and

strategic

location

compels

Türkiyetodevelop

itsinfrastructure.Track

Recordwith

SignificantOpportunitiesin

thePipeline?

Türkiyehas

implemented

$195

Billion

worthofPublic

PrivatePartnership

(PPP)

projectsinavarietyof

sectors.

Thistrend

has

picked

upinrecent

yearswithabrightprospect.?

Türkiyehas

setambitious

targetstoupgrade

itsinfrastructure.?

Fromtransportation

tohealthcare

and

energy,ample

opportunities

are

available

inthe

pipeline.?

Türkiyehas

afavorableinvestment

legislation

for

PPP

investments

that

canbe

realized

through

variousmodels,

such

asbuild-operate,

build-operate-transfer,

transfer

ofoperational

rights,etc.?

Türkiye’sinvestment

climate

isfurther

strengthenedby

domestic

and

international

laws

that

protectinvestments

and

provideinternational

arbitration.FavorableInvestmentClimate?

Türkiye’smacroeconomic

policies,

investments

and

more

importantly,

strong

public

finance

management

support

PPPinvestments

that

requireguaranteed

purchase.invest.gov.trAGENDAEXECUTIVESUMMARYNEEDFORINFRASTRUCTUREINVESTMENTTRACK

RECORDOPPORTUNITIESFAVORABLEINVESTMENTCLIMATE?

Healthcare?

TransportationTüRK?YE’S

INVESTMENT

NEED

IN

INFRASTRUCTUREISDRIVENBY

SEVERAL

FACTORSINFRASTRUCTURE

NEED5.4%85.3$612GDPGROWTHPER

YEARMILLION2022BILLIONTRADEVOLUMEGROWINGECONOMYGROWINGPOPULATIONGROWINGTRADETurkish

economy

hasbeenrobustly

growingwith

anaverage

annualGDP

growth

rate

of5.4

from

2002to

2022Türkiye’spopulationhasbeenrapidlygrowingTürkiye’sforeign

trade

volumehasincreasedfrom

$88billion

in2002

to

$612billion

in2022by1million

everyyear24URBAN

CENTERSWITH

POPULATIONSOVER1MILLIONURBANIZATIONSTRATEGIC

LOCATIONGROWINGNEED

FOREFFICIENCYAsTurkish

economy

hasdeveloped,

peoplefrom

rural

areas

havemigrated

to

urbancentersTürkiye

is

strategically

locatedinthe

proximityof

energy

resources

andtrade

routesIn

order

to

maintain

competitiveness,

Türkiyeneedsto

enhanceefficiency

andproductivity

byinvestingininfrastructureSource:

TurkStatinvest.gov.trTRACK

RECORD

GROWTH

AND

BRIGHT

FUTUREWITH

PROVENRESILIENCEROBUST

ECONOMY11th

largest

economy

in

the

WorldRANKING

OF

ECONOMIES

BY

GDP

AT

PPPAVERAGE

ANNUALREAL

GDP

GROWTH(INDEX:

2002=100)GDP

GROWTH(%)2003201920222002-20221.USA1.CHINA1.CHINA2.CHINA2.USA2.USA5.4300280260240220200180160140120100TüRK?YE3.JAPAN3.INDIA3.IND?ATüRK?YE4.GERMANYINDIA4.JAPAN4.JAPAN5.5.GERMANYRUSSIAINDONESIABRAZILUK5.GERMANYRUSSIAINDONESIABRAZILUK6.RUSSIAFRANCEUK6.6.POLAND3.97.7.7.8.8.8.POLAND9.BRAZILITALY9.9.ROMANIAROMANIA*3.610.11.12.13.14.15.16.17.18.10.11.12.13.14.15.16.17.18.FRANCEMEXICOITALY10.11.12.13.14.15.16.17.18.FRANCETüRK?YEITALYBULGARIAMEXICOINDONESIASPAINCZECHIAHUNGARYBULGARIA*2.9TüRK?YES.KOREASPAINMEXICOKOREACANADASPAINCANADAS.KOREAS.ARABIAIRANCZECHIA2.52.3CANADAS.ARABIAIRANS.ARABIAEGYPTHUNGARYTüRK?YESource:

TurkStat,

IMF,

PPP:Purchasing

Power

Parity,

*2022

Datainvest.gov.trDOMESTIC

MARKET

FURTHER

SUPPORTED

BY

EMERGINGURBAN

CENTERSDOMESTICMARKETTotal

Population

in

202285.3

Million?stanbul

15.9

MillionAnkara

5.8Million?zmir

4.5MillionDenizli

1.1MillionMu?la

1MillionEski?ehir

0.9MillionMardin

0.9MillionTrabzon

0.8MillionMalatya

0.8MillionOrdu

0.8MillionBursa

3.2MillionAntalya

2.7MillionKonya

2.3MillionAdana

2.3Million?anl?urfa

2.2MillionGaziantep

2.2MillionKocaeli

2.1MillionMersin

1.9MillionDiyarbak?r

1.8MillionHatay

1.7MillionErzurum

0.7

MillionAfyonkarahisar

0.7MillionSivas

0.6MillionAd?yaman

0.6MillionBatman

0.6MillionTokat

0.6MillionManisa

1.5MillionKayseri

1.4MillionSamsun

1.4MillionBal?kesir

1.3MillionKahramanmara?

1.2MillionVan

1.1MillionZonguldak

0.6MillionElaz??

0.6MillionKütahya

0.6Million?anakkale

0.6MillionOsmaniye

0.6Million??rnak

0.6

Million?orum

0.5MillionA?r?

0.5Million24urban

centersAyd?n

1.1MillionTekirda?

1.1MillionSakarya

1.1MillionSource:

TurkStat,

2022invest.gov.trHUB

FOR

MULTINATIONALS

TO

MANUFACTURE,

EXPORTAND

MANAGESTRATEGIC

LOCATIONWorking

HoursIntersect

with16

Time

ZonesPROXIMITYTOMAJOR

MARKETS1.3billion

people

and$28T

GDPin

Europe,MENA

and

CentralAsiaat

4hour

flight-distanceCONNECTIVITYTurkishAirlines

connectsyou

to342

destinations

in121

countriesMANUFACTURING

&EXPORTHUBFORMULTINATIONALSAS

WELLASMANAGEMENT

HUBFORMULTINATIONALS66countries70countriesProduction

basefor

MENAItslargestproductionfacility

worldwide89countries22countries-Exporting87%ofitsproductionExporting85%ofitsproduction80countries14countries30countriesinvest.gov.trTüRK?YE

HAS

A

SIGNIFICANT

INVESTMENT

NEED

ININFRASTRUCTURE

DEVELOPMENTINFRASTRUCTURE

NEED$569

Billion$975

Billion$405

Billion2022-2040Investment

current

trendsInvestment

neededInvestment

gapTürkiye’sInfrastructure

Current

Trends

andNeedInvestment

Need

bySector($Billion)(2022-2040)Water$53.0Need50Airports$18.045403530252015105Telecom$99.0TrendRail$63.0Transport$581.1Ports$1.1-Road$499.0Energy$242.0InvestmentGapby

Sector:

$335

bnin

Road,$48bnin

Energy,

$19bnin

Rail,

$2.2in

Water,

$0.66bnin

AirportsSource:

Global

Infrastructure

Hub(GIH)invest.gov.trTHE

TURKISH

GOVERNMENT

HAS

STEADILY

INCREASEDITS

PUBLIC

INVESTMENT

BUDGET

BETWEEN

2021-2023DESPITETHE

PANDEMIC.PUBLICINVESTMENTBUDGETIncrease

inInvestmentBudgetTransportation,

R&D,

health

and

education

sectors

has

thebiggest

jumpscompared

toother

sectors.Public

Investment

Budget252423CarefullySelectedPipelineProjectselection

willbe

extra

important

in

the

post-coviderasoprioritizationand

rationalization

has

begun

inthePublic

Investment

Program.21.122202118201918171615CoherenceBetweenMacroeconomic

PoliciesandInfrastructure

InvestmentsProjects

that

not

only

financially

more

viablecompared

to

traditionalprocurement

but

also

more

resilient

by

creating

value

tofuturegenerations

will

be

prioritized.

Affordability

willbe

crucial.202120222023invest.gov.trSource:

Presidency

of

Strategy

andBudgetAGENDAEXECUTIVESUMMARYNEEDFORINFRASTRUCTUREINVESTMENTTRACK

RECORDOPPORTUNITIESFAVORABLEINVESTMENTCLIMATE?

Healthcare?

TransportationFOR

THE

LAST

19

YEARS,

USE

OF

PPP

MODELS

INCREASEDAS

AN

ALTERNATIVE

TO

PUBLICPROCUREMENTTURKISHPPP

MARKETPPP

Contracts

inTürkiyeNumber

of

PPP

Projects

in

Türkiye($Billion**)193100InvestmentFees*72701241986-20022003-20211986-200222000033--22002202$195265BILLIONPROJECTS1986202219862022Source:

Presidency

of

Strategy

andBudget

*Fees

to

the

government

for

the

transfer

of

operating

rights

**2022

November

pricesinvest.gov.trTRANSPORTATION

AND

ENERGY

INFRASTRUCTUREPROJECTS

DOMINATE

THE

PPP

MARKET

IN

TüRK?YETURKISHPPP

MARKETBreakdown

of

the

PPP

ContractsBreakdown

of

the

PPP

Contracts($

Million**)(Number)94,979102InvestmentFees*43,1014430,9742423202012,684185,5994,54481,6906892973223371062211$195265BILLIONPROJECTS1986202219862022Source:

Presidency

of

Strategy

andBudget

*Fees

to

the

government

for

the

transfer

of

operating

rights

**2022

November’

pricesinvest.gov.trBUILD-OPERATE-TRANSFEROPERATING

RIGHTS

ARE

THE

MAIN

CONTRACTMODELS

IN

THE

TURKISHPPP

MARKETANDTRANSFEROFTURKISHPPP

MARKETPPP

Contract

ModelsPPP

Contract

Models($

Million**)(Number)Build-OperateBuild-OperateBuild-Lease-Transfer18Build-Lease-Transfer12,6848,0695265PROJECTS$195BILLIONBuild-Operate-Transfer1241986-20221986-2022Build-Operate-Transfer112,770Transfer

ofOperating

Rights61,796Transfer

ofOperating

Rights118Source:

Presidency

of

Strategy

andBudget

*2022

November’

pricesinvest.gov.trAGENDAEXECUTIVESUMMARYNEEDFORINFRASTRUCTUREINVESTMENTTRACK

RECORDOPPORTUNITIESFAVORABLEINVESTMENTCLIMATE?

Healthcare?

TransportationTüRK?YEHAS

INTRODUCEDINTEGRATED

HEALTHCARECAMPUSES

ACROSS

THECOUNTRYIN

2013HEALTHCARE

PPP

PROJECTSAnkaraBilkentCityHospital

(3,810

beds)AnkaraEtlikCityHospital

(4,050

beds)Yozgat

CityHospital

(475

beds)Trabzon

City

Hospital

(900

beds)Eski?ehirCityHospital

(1,081

beds)Sakarya

City

Hospital

(1,000

beds)SamsunCity

Hospital(900

beds)Istanbul

Sancaktepe

CityHospital

(4,200

beds)Istanbul

Ba?ak?ehirCityHospital

(2,682

beds)Tekirda?CityHospital

(486

beds)Ordu

CityHospital(900

beds)RizeCityHospital

(800

beds)KocaeliCity

Hospital

(1,210

beds)Physical

Therapy

andRehabilitation

(PTR),Psychiatry

and

HighSecurityForensic

Psychiatric

(HSFP)Hospital*

(2400

beds)Bursa

CityHospital

(1,355

beds)Kütahya

CityHospital

(610

beds)Elaz??

City

Hospital

(1,038

bed)Manisa

CityHospital

(558

beds)Izmir

Bayrakl?

CityHospital

(2,060

beds)Ayd?n

CityHospital

(800

beds)Denizli

CityHospital

(1,050

beds)Antalya

CityHospital

(1,000

beds)Diyarbak?r

Kayap?nar

CityHospital

(750

beds)?anl?urfa

CityHospital

(1,700

beds)Gaziantep

City

Hospital

(1,875

beds)Isparta

CityHospital

(755

beds)Konya

Karatay

CityHospital

(1,250

beds)Kayseri

City

Hospital

(1,607

beds)AdanaCityHospital

(1,595

beds)Mersin

CityHospital

(1,300

beds)HHHPlanned

PublicInvestments(11)PPPInOperation

(14)PPPUnder

Construction(5)Source:

Ministry

of

Health,

2022

*Total

bedcapacity

of

PTR

&HSFP

Hospitals

tobebuiltin

Afyon-Diyarbak?r-Samsun-Malatya-Erzurum-?stanbul-Trabzon-Van:

2,400invest.gov.trTHE

PPP

PROJECTS

ARE

STRUCTURED

AS

DESIGN,

BUILD,FINANCE

AND

MAINTAIN

FOR

FACILITIES

MANAGEMENT,WHILE

CORE

MEDICAL

SERVICES

REMAIN

UNDER

THERESPONSIBILITY

OF

THEMINISTRY

OF

HEALTHSHOWCASE

INHEALTHCAREPPPPPP

PROJECTS

ININTEGRATEDHEALTHCARECAMPUSESNumberBedCapacityStatus1422,042Completed

(inservice)Under

ConstructionTOTAL560051928,047Source:

Ministry

of

Healthinvest.gov.trTHE

ELAZI?

FETHI

SEKIN

CITY

HOSPITAL

PROVIDESHEALTHCARE

SERVICES

TO

THE

COMMUNITIES

IN

ELAZI?AND

NEIGHBORING

PROVINCES,

WITH

A

COMBINEDPOPULATION

OF

1.6

MILLION

PEOPLESHOWCASE

INHEALTHCAREPPPElaz??Fethi

SekinCityHospitalJuly

2014August2018OperationPeriodProject

AwardedOperational25

YearsSponsorsCreditEnhacersEnhaced

BondholdersUnenhaced

Bondholders?

The

campus

consistsofthreetowers

andannexeslocatedarounda

centralcoreandincludes

thefollowing

hospitals;MainHospitalBedsPolyclinic

RoomsPatient

RoomsOperating

RoomsODHCPolyclinic

Rooms

:69Operating

Rooms

:2?

Project

Cost:€360

million

=€288

million

senior

debt

+€72

million

equity?

First

project

benefitting

fromriskmitigation

providedjointly

byMIGA’spolitical

risk

insurance

coverage

and

EBRD’sunfunded

liquidity

facilities?

First

project

bond

financing

for

agreenfield

infrastructure

project

inTürkiye?

A1BondswereratedBaa2?

Vigeo

Eiriscertified

theElazigproject

bondasa‘greenand

social’

bond–thefirst

such

certification

for

aninfrastructure

project

in

Türkiye?

With

a20

yearmaturity,

thebond

had

thelongest

maturity

for

theTurkishIntegrated

Health

Campuses

PPPProgramme:888:227:519:37?????General

HospitalMaternityandPediatric

HospitalDetainee

Forensic

Psychiatry

HospitalHighSecurity

Forensic

Psychiatry

(HSFP)HospitalOraland

DentalHealth

Central(ODHC)Bedsat

theIntensive

Care

:160HSFP

andDetaineeBedsPolyclinic

RoomsPatient

Rooms:100

HSFP+50

Detainees:8HSFP:100

HSFP+50

Detainees?

Bedcapacity:

1,038?

LEEDGoldCertificate

(adesignation

for

greenbuildings)?

Employment:

3,650Source:

R?nesans,

GIHinvest.gov.trTüRK?YE

HAS

SIGNIFICANTLY

IMPROVED

ITS

HEALTHCARESERVICES

AND

WILL

CONTINUE

TO

INVEST

INHEALTHCARE

INFRASTRUCTURE

TO

CATCH

UP

WITHOECDOPPORTUNITIES

INHEALTHCARENUMBER

OF

HOSPITAL

BEDSPER1,000

POPULATION65432105.64.74.73.14.13.83.52.92.92.12.72.12.52.51.81.02000

2019OECDItalyUSATurkeyUKCanadaChileMexcoNUMBER

OFHOSPITALS1,0486,0901,5341,9108303834,707Source:

OECDinvest.gov.trHEALTHCARE

HAS

BEEN

A

TOP

PRIORITY

FOR

THE

TURKISHGOVERNMENT

WHICH

IS

COMMITTED

TO

INCREASING

ACCESSTO

HEALTHCARE

SERVICES

FOR

ALL

CITIZENSHEALTHCAREPOLICIESThe

government

introduced

the

HealthTransformationProgramin

2003to

provide

universal

healthcare

services.UNIVERSALIMPROVINGINCREASING

OF

HEALTHCARECOVERAGEINFRASTRUCTUREPROFESSIONALSIn2006

UniversalHealthInsuranceintroduced

tocoverallcitiziensNumber

ofHospital

increased

from1156

in2002

to

1554

in2022

Türkiye(bed

capacity

165K

to265K)Number

ofDoctors

increasedfrom

92K

in2002

to195K

in2022(from

1.4to2.2

per

1000)Source:

Ministry

of

Healthinvest.gov.trAGENDAEXECUTIVESUMMARYNEEDFORINFRASTRUCTUREINVESTMENTTRACK

RECORDOPPORTUNITIESFAVORABLEINVESTMENTCLIMATE?

Healthcare?

TransportationSECTORALSHAREOFINVESTMENTSININVESTMENTSINTRANSPORTTRANSPORTATION

AND

COMMUNICATION

(2003-2022)SectorsRoadBillion

TL995.9MaritimeCommunicationAirway1.2%8.5%Railway346.6150.619.9Road9.1%AirwayMaritimeRailway21%60.2%140.5CommunicationTotal1.653,5invest.gov.trSource:

Ministry

of

Transport

andInfrastructureTüRK?YEHASHEAVILYINVESTEDINTRANSPORTPPP

INTRANSPORTATIONINFRASTRUCTURE

ACROSS

THECOUNTRY

AND

CONTINUESWITHEVENMORE

AMBITIOUSTARGETSInfrastructure

InvestmentsPPP

Investments

inTransport

&(?

Billion*)Communication(?Billion)Maritime19.9CommunicationAirway140.5150.6Ongoing63.7??374,7BILLION1.653,5BILLION2003

-2022Railway346.62003

-2022Road995.9Completed311Source:

Ministry

of

Transport

andInfrastructure,

*at

2022

prices,

includingcompleted

PPP

investmentsinvest.gov.trAMBITIOUS

TARGETS

INTRANSPORTATIONINFRASTRUCTURETüRK?YE

HAS

DONE

A

LOT

FOR

THE

PAST

20

YEARS

TOUPGRADE

ITS

TRANSPORTATION

INFRASTRUCTUREMOTORWAY

SECTORR

AI

LWAY

SECTOR(KM)40000300002000015000680527500146020000100001000025183129222200325310959200311668500004387171481873633022002221200320222035Conventional(km)HighSpeed(km)Motorway(TollRoads)Dual

Carr?agewayMARITIME

SECTORAI

RWAY

SECTORFreightHandling(million

ton/year)Number

of

InternationalPortsNumber

of

Passengers(million)Number

of

Airports5740030020010006050403020100334.7208.430020010006004002000526.321726149189.934.42003202020222022202120032022200320222003Source:

Ministry

of

Transport

andInfrastructureinvest.gov.trINVESTING

IN

TRANSPORTATION

HAS

REMARKABLY

TRANSFORMEDTüRK?YE’S

INFRASTRUCTURE

LANDSCAPE

YET

TüRK?YE

ISDETERMINED

TO

IMPROVE

IT

FURTHERINFRASTRUCTURE

INVESTMENTSIN

TRANSPORT200320226.101km28.816

kmDUAL

CARRIAGEWAYHIGHSPEEDRAI

LWAY0km190

million

Tons261.460km542MARITIME

CONTAINERSTRANSPORTmillion

TonsNUMBER

OF

AIRPORTS57Source:

Ministry

of

Transport

andInfrastructureinvest.gov.trMOTORWAYS

(TOLL

ROADS)

ARE

KEY

TO

TüRK?YE’SROAD

TRANSPORTATION.

AROUND

5,000

KM

IS

IN

THEPIPELINEOFFERING

SIGNIFICANT

PPP

OPPORTUNITIESOPPORTUNITIES

INTRANSPORTATIONThe

total

length

of

highwayscurrently

inserviceis

3,633

km.

Following

thecompletion

ofthe

highwayprojects

underconstructionand

planning

stages,itisaimed

to

increase

thetotal

length

of

thehighway

to

8,164

km

in2035.80

km8SAMSUN9148

km45

km311TEK?RDA?170

km21Merzifon193

km22Ilgaz122415Malkara7K?nal?

8

km127

kmAkyaz??STANBULGebze154

kmGeredeSAKARYA101

kmYALOVA303

km?ANAKKALE26ERZURUM19ANKARABURSA1324979

km1234

km15Delice136

kmBALIKES?RBozüyük426

km25120

km127

kmSivrihisarGürbulak105

kmKIR?EH?RNEV?EH?R?andarl?185MAN?SAAFYONKARAH?SAR696

kmMenemen330

km20288

km?ZM?RD?YARBAKIR8DEN?ZL?N??DEAYDIN23447

km163

km?ANLIURFA17231

kmBURDURHabur14122

kmANTALYA1052

km28Already

Completed2.282kmMERS?NK?zkalesiSilifke3.633kmAlanya41

km26209

kmCompleted

BOT

ProjectsContinuing

BOT

ProjectsTarget

20231.351km395kmHATAY242km4.531km8.164kmTarget

2035TOTAL3.894kmSource:

Ministry

of

Transport

andInfrastructureinvest.gov.trTüRK?YE

IS

COMMITTED

TO

TRANSFORMING

ITS

RAILTRANSPORT

INFRASTRUCTURE

FROM

CONVENTIONALTO

HIGHSPEEDOPPORTUNITIES

INTRANSPORTATIONR

AI

LWAY

MAP

OFTüRK?YER

AI

LWAY

MAP

OFTURKEYEdirne

K?rklareliBart?n?erkezk?y?orluMandiraZonguldakEre?liKarasuSamsun?ar?ambaKarabükTrabzonRize?stanbulGebzeOrduMerzifon?orumFatsaG?lcükGemlikAmasyaOrhangaziBand?rma?ank?r?MudanyaKaracabey

Bursa?neg?lMustafaKemalPa?aBozüyükTokatSivasTurhalI?d?rANKARAErzurumErzincanSorgunBal?kesirYozgatTav?anl?K?r?kkaleBergamaSomaKütahyaK?r?ehirAkhisarManisaAlia?aElaz??U?akMu?MenemenAfyonkarahisarSalihliTurgutluTatvanVan?zmirTorbal?KayseriNev?ehirNi?de?ivrilAksarayErgani?demi?Ak?ehirMalatyaKahtaElbistanSiirtKurtalanAyd?n

NazilliDiyarbak?rBatmanMardinE?ndirIspartaKonyaSiverekDenizliAd?yamanBurdurMidyatKadirliKahramanmara?SilopiCizreKapakl?Viran?ehirEre?li?anl?urfaK?z?ltepeNusaybinGaziantepCeyhanAdanaKaramanTarsusMersinOsmaniyeD?rtyolSuru?NizipAntalyaKilisExistingconventionalrailway

____(13.128

KM)ExistingHighSpeedRailways

_____(1.460

KM)UnderConstruction

_____________(4.262

KM)Project

phase

completed

_________(3.567

KM)Preliminary

surveys

and

studies___(6.682

KM)?skenderunK?r?khanReyhanl?AntakyaSource:

Ministry

of

Transport

andInfrastructureinvest.gov.trIN

2013,

TURKISH

R

AI

LWAY

SECTOR

HAS

BEENLIBERALIZED

AND

ADMINISTRATIVE

STRUCTURE

OFTCDDHAS

BEEN

CHANGEDSTRUCTURAL

REFORMS

IN

RA

ILWAY

SECTORYAPISALREFTCDDTCDDTCDDTCDDFreightPassengerInfrastructureProductioninvest.gov.trTHE

SHARE

OF

RAIL

IN

TRANSPORT

INVESTMENTSCONTINUE

TO

RISEINVESTMENTIN

RAIL

NETWORKInvestment

Budget

Percentages

ofTransport

Subsectors(Current

Situation)Investment

Budget

Percentages

ofTransport

Subsectors(Projection)70%70%53%35%18%0%63.9%63.7%63.9%52%48%53%35%18%0%46%42%39%38%20232024Maritime2025Communication2017Railway2018Motorway2019Maritime2020Airway20212022CommunicationRailwayMotorwayAirway2053(Vision)2035(Long

Term)2024(Medium

Term)InvestmentBillion$307782invest.gov.trSource:

Ministry

of

Transport

andInfrastructureLOGISTICS

IS

AN

INTEGRAL

PART

OF

TüRK?YE’S

TRANSPORTINFRASTRUCTURE.

TüRK?YE

HAS

ESTABLISHED

INTERMODALLOGISTICS

CENTERS

ALONGSIDE

THE

TRANS-ASIAN

R

AI

LWAYNETWORK

TO

LOWER

COSTS

AND

INCREASE

EFFICIENCY

OFLOGISTICS

NETWORKSOPPORTUNITIES

INTRANSPORTATIONLOGISTICS

CENTERS26logisticscentersF?LYOSZONGULDAKHALKALIGELEMENSAMSUN?Y?DERER?ZE?STANBULYE??LBAYIR?STANBULK?SEK?Y?ZM?T?ERKEZK?YTEK?RDA?73.2

million

tons

additional

transportcapacityKARSBOZ??üKB?LEC?KPALAND?KENERZURUMG?KK?YBALIKES?RHASANBEYESK??EH?RS?VASManisa19million

m2container

storageandhandling

area?ANDARLI?ZM?RTATVANB?TL?SU?AKKayseriKEMALPA?A?ZM?RKAYACIKKONYAKAKLIKDEN?ZL?MARD?NHABURTüRKO?LUK.MARA?In

Service

andComplated

(13)Planned

(7)YEN?CEMERS?NKARAMANUnder

Construction

(4)In

Tender

Stage

(2)Source:

Ministry

of

Transport

andInfrastructureinvest.gov.trTüRK?YE

HAS

SIGNIFICANTLY

IMPROVED

AND

UPGRADEDITS

AIRPORT

INFRASTRUCTURE

AND

CONTINUES

TOINVEST

IN

AIRPORTSOPPORTUNITIES

INTRANSPORTATIONAIRPORT

MAP

OFTüRK?YES?NOPKASTAMONU?STANBULZONGULDAK?AYCUMAR?ZEARTV?NSAMSUN?AR?AMBATEK?RDA??ORLU?STANBULYE??LK?Y?STANBULSAB?HAG?K?ENORDUG?RESUNTRABZONKOCAEL?CENG?ZTOPELAMASYAMERZ?FONKARSTOKATBAYBURTGüMü?HANEKARAKAN?G?K?EADA?ANAKKALEBURSAYEN??EH?RI?DIR?.BüLENTAYDINESK??EH?RHASANPOLATKANERZURUMANKARAESENBO?ABALIKES?RS?VASNUR?DEM?RA?ERZ?NCANKOCASEY?TYOZGATA?RIMEHMET-?HAN?KüTAHYAZAFERB?NG?LMU?SULTANALPARSLAN?ZM?RADNANMENDERESU?AKKAYSER?ELAZI?VANFER?TMELENMALATYAKONYAD?YARBAKIRBATMANAYDIN?ILDIRISPARTASüLEYMANDEM?RELDEN?ZL??ARDAKS??RTKAHRAMANMARA?ADIYAMANHAKKAR??UKUROVAYüKSEKOVAMU?LAM?LASBODRUM?IRNAK?ERAFETT?NEL??S.EYYUB?MARD?NSANLIURFAMU?LADALAMANANTALYAADANAGAZ?ANTEPOpentoCivilAirTraffic

(57)GAZ?PA?AALANYAHATAYUnder

Construction

–General

DirectorateofState

Airports

Authority

(DHMI)

(1)Under

Construction

-

General

DirectorateofInfrastructure

Investments

(AYGM)(2)Source:

Ministry

of

Transport

andInfrastructureinvest.gov.trREMARKABLE

INCREASES

HAVE

BEEN

OBSERVED

INSECTORAL

INDICATORS

IN

THE

LAST

18

YEARSSECTORAL

INDICATORSNumberof

ActiveAirportsWide-BodyPlaneSector

Revenue

(Billion

$)6045750600450300150016.12.8.301505720.55892.24.261620.200320222003202220032020Numberof

Passengers

(million)Employment

(thousand)Air

Freight*Capacity

(ton)200150100503,0002,2501,500750260195130652462,5942021160128303650034.52003200320210200320212022Source:

Ministry

of

Transport

andInfrastructure*Includes

cargo,

baggage

and

mailinvest.gov.tr?STANBUL

AIRPORT

IS

THE

1st

IN

EUROPE

ACCORDINGPASSENGER

TRAFFIC

RANKING

IN

2022AIRPORTS

RANKINGRanking

of

Airports

inEUROPEbyPassenger

Trafficin2022Ranking

of

Airports

inthe

WORLDbyPassenger

Trafficin

2022Rank12345678Airport?STANBULPassenger64,486,00061,599,19657,474,03352,472,18850,633,65248,923,47441,639,62232,800,00031,600,00031,100,00030,769,72829.360.61329,184,69228.573.36428,400,00028,262,00027,787,55623,682,13323,369,770Rank12345678AirportATLANTA,

GADALLAS-

FORT

WORTHDENVERPassenger93,699,63073,362,94669,286,46168,340,61966,069,98165,924,29864,486,00061,599,19657,474,03357,290,03355,287,69352,600,00052,472,18850,633,65250,600,00046,200,52941,639,622LONDON-HEATHROWPARIS

-DE

GAULLEAMSTERDAM-SCHIPHOLMADRID-BARAJASFRANKFURTBARCELONA-

ELPRATLONDON-GATW?CKMUNICHCHICAGODUBA?DXBLAX-INTERNATIONAL?STANBULLONDON-HEATHROWPARIS

-DE

GAULLEDELH?-GANDH?JFK-INTERNATIONALLASVEGAS–NEVADAAMSTERDAMSCHIPHOLMADRID-BARAJASMIAMI-INTERNATIONALMEX?COC?TY99101112131415202532384010111213141516171819A

NTA

LYA?STANBUL

SAB?HAG?K?ENROME-DA

VINCIPARIS

ORLYMALLORCAMOSCOWLISBONDUBL?NVIENNAMANCHESTERBARCELONA-

ELPRATSAO

PAULO

-INTERNATIONALA

NTA

LYA?STANBUL

SAB?HAG?K?EN34,480,70631,100,00030,769,72820LONDON-STANSTED23,319,523Source:

/resources/data-center/invest.gov.trTüRK?YE

CONTINUES

TO

INVEST

IN

AIRPORTS

WITHNEWTERMINALS

AND

RUNWAY

CONSTRUCTIONSPROJECTSUNDER

DEVELOPMENTUnder

Construction

Airport

Projects

(3)YOZGAT

AIRPORT2MIL.

PASS/YEAR?UKUROVA

AIRPORT

8MIL.

PASS/YEAR

(DHMI)BAYBURT-GüMü?HANE

AIRPORT2MIL.

PASSENGER/YEARPipeline

Projects

(6)Under

Construction

Projects

(3)1.

Sabiha

G?k?en

newrunway

construction2.

Trabzon

Airport

newrunway

construction3.

Elaz??

Airport

runway

construction1.

Kayseri

Airport

terminalconstruction2.

Malatya

Airport

terminalconstruction3.

Ankara

Esenbo?a3.

runway

construction4.

Samsun

Airport

newt