China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

March 2010

Interview with Ahmet Aksu, acting head of the Privatization Administration


Turkey: Prime time for privatization
Enerjisa models the way


Ahmet Aksu, acting head of the Privatization Administration

In November 2009, you said you thought 2010 would be one of the best years ever for privatization receipts. Are you still that confident?

Yes we believe that 2010 will be one of the best years in Turkey’s privatization endeavour. Total earnings, with the inclusion of the 2008 and 2009 due receivables, would make 2010 a remarkable year. The appetite we have seen so far is encouraging. We received the bids for four electricity distribution regions on February 18 2010 where the total bidding price went up to $1.5 billion. In other words, even during the days of economic turmoil we managed to receive bids worth $1.5 billion in a day.

Given that there is so much activity planned, how do you prioritize and plan the overall privatization agenda?

2010 is...


You must be a trialist or subscriber to view this content

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today