The 8th Istanbul Public-Private Partnership (PPP) Week, held in collaboration with the Istanbul Public-Private Partnership Center of Excellence (Istanbul PPPCoE) and the Foreign Economic Relations Board (DEIK), shed light on Türkiye's infrastructure achievements and increasing prominence in global markets.
The event featured training programs led by PPP experts, showcasing real-life case studies from 50 countries and offering interactive workshops on project management.
During the event, Minister of Treasury and Finance Mehmet Şimşek and Investment Office President A. Burak Dağlıoğlu shared crucial insights into Türkiye’s successful use of PPP projects in infrastructure projects. Minister Şimşek emphasized Türkiye's remarkable advancements in global rankings, standing 38th in the World Bank's Logistics Performance Index and exceeding emerging market averages in the IMF's AI Preparedness Index, “Türkiye's transition to sustainable energy infrastructure is pivotal in addressing climate change, with notable progress evidenced by sourcing 55 percent of its power from renewable energy in 2023. PPPs play a crucial role in meeting investment needs, given global gaps amounting to USD 4 trillion per year.”
Highlighting the importance of PPPs in Türkiye, Minister Şimşek emphasized Türkiye’s sizable and expanding economy, ranking 17th globally and 11th in terms of PPP metrics. “With substantial infrastructure requirements estimated at USD 405 billion by 2040, Türkiye leads with 249 PPP projects, including 8 BOT highway initiatives,” stated Minister Şimşek. He further highlighted the Turkish government's commitment to development by mentioning the investment of USD 248 billion in transport infrastructure, covering airports and railways. Şimşek concluded by emphasizing Türkiye’s position as a trusted partner for multilateral development banks, offering abundant business opportunities and aiming to achieve price stability, fiscal health, and balanced growth through its new economic program.
A. Burak Dağlıoğlu attributed Türkiye's success story since 2003 to robust infrastructure investments under President Recep Tayyip Erdoğan's leadership, stating “PPP has been pivotal, paving the way for FDI and support from international financial institutions. From toll roads to digital infrastructure, these projects underscore Türkiye’s growing role in global markets. With our share of global exports rising from 0.5 percent to over 1.1 percent in just two decades, Türkiye stands tall in the global value chains.”
The 8th Istanbul PPP Week served as a platform to showcase Türkiye's infrastructure achievements, discuss the future of PPP models, and explore avenues for sustainable growth in alignment with global objectives.