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Risk Management in Transport PPP Projects

In the Islamic Countries

228

N

/

O

Project Name

Transport

mode

Type of PPP

Asset

already in

operation

Concession

Period

Procuring

Authority

33

Gazipaşa/Alanya

Airport

Air

Transfer of

operating

rights

In

operation

25 years

DHMI

34

İzmir Adnan

Menderes Airport ve

Existing

International

Terminal, CIP,

Domestic Terminal

Air

Transfer of

operating

rights

In

operation

Domestic: 20

years

11

months 29 days

International:

17 years 11

months 21

days

DHMI

35

Aydın/Çıldır Airport

Air

Transfer of

operating

rights

In

operation

20 years

DHMI

36

Dalaman Airport

Existing

International

Terminal, Domestic

Terminal

Air

Transfer of

operating

rights

In

operation

Domestic: 26

years 4 months

30 days

International:

25 years 8

months 3 days

DHMI

37

Milas/Bodrum

Airport Existing

International

Terminal,

CIP/General Aviation

Terminal and

Domestic Terminal

Air

Transfer of

operating

rights

In

operation

Domestic: 21

years 5 months

16 days

International:

20 years 2

months 3 days

DHMI

38

Ankara high speed

railway station

Rail

Build, operate,

and transfer

In

operation

19 years and 7

months

TCDD

Source: Authors based on information from AYGM, DHMI, KGM, TCDD.

Overall a number of 38 initiatives are included in the Table. 30 over 38 relate to Build, Operate

and Transfer projects, that due to the involvement of construction works, fall under specific

scope of this study, whereas only 8 are Transfer of Operating Rights

67

initiatives, mainly

implemented in the Airport sector. Most of the projects have been implemented under the

responsibility of the Directorate-General of Infrastructure Investments of the Ministry of

Transport and Infrastructure (AYGM), the General Directorate of State Airports (DHMI) and the

General Directorate of Highways (KGM), that were all consulted as part of the study, whereas

only one project appears to have been so far implemented by the Turkish State Railways (TCDD).

67

Lease, Operate and Transfer according to the terminology used in the World Bank’s database on Private

Participation in Infrastructure

(http://ppi.worldbank.org/)