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ARTICLE · 19 NOVEMBER 2014

Energy Privatization In Turkey And Strategic Importance

The main philosophy of privatization in Turkey is state’s providing justice and security which are its fundamental chores, and undertaking infrastructure investments which cannot be undertaken by private sector, also the managing of the economy through market mechanisms.

TurkeyEnergy and Natural Resources
Engin Düzgün
Engin Düzgün
Burcu Kırancı
Burcu Kırancı

The main philosophy of privatization in Turkey is state's providing justice and security which are its fundamental chores, and undertaking infrastructure investments which cannot be undertaken by private sector, also the managing of the economy through market mechanisms.

With privatization; the minimization of state roles in industrial and commercial are targeted and thus, development of free market economy which based on competition, soothing of state economic enterprises' financing pressures on economy, advancing of capital market and regaining of idle savings will be possible by canalizing sources to infrastructural investments through privatization.

In IX. Development Plan, which creates a general reference frame for institutions for next term by according to national policies, the main philosophy is defined as state's retreating from economic activities and creating policies which are to strengthen regulatory and supervisory mechanisms. For enabling state to

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