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 expected to be an exciting year for us with a special focus on utility privatizations.