A report published by the World Bank today indicates that Turkey is ranked second in the list of emerging countries with the most infrastructure investments in 2014.
The report, titled the 2014 Private Participation in Infrastructure database, included 139 emerging countries. It indicated that Turkey was ranked second, after Brazil, in making the highest commitments for total infrastructure investments among the emerging countries in 2014.
It also reported that Turkey is executing one of the top five public-private partnership projects between the private and public sectors in Europe and the Middle East.
In addition to this, the report suggested that Turkey also has the second highest investment volume amongst the emerging countries, as it is executing 17 new projects. The government in Ankara too important reform steps in 2008, which has impacted on investments in the field of energy. Three large-scale privatisations took place in this regard and the investments in Turkey have witnessed growth and development by means of implementing projects in the fields of energy and transportation. These projects include the establishment of the Kemerkoy and Yenikoy Thermal Power Plants, worth $4.3 billion, the $1.1 billion Yatagan Thermal Power Plant, and the $350 million Catalagzi Thermal Power Plant. In addition to this, there have been transport projects, including the third hanging bridge on the Bosporus, in Istanbul, worth $2.9 billion and the Salipazari Cruise Port worth $1.1 billion.
According to the report, the volume of public-private investments in emerging countries in 2014 has increased by 6 per cent from 2013, reaching a value of $107 billion in investments.
The report indicated that Brazil was ranked number one in its public-private investment volume. The value of its investments reached $44.2 billion, followed by Turkey with $12.5 billion. Peru was ranked third with $8.1 billion in investments, Columbia fourth with $7 billion, and India was ranked fifth with $6.2 billion. The total volume of investments in the top five countries accounted for 73 per cent of the total investments in the 139 emerging countries.
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