Context
Governments around the world are shifting services and enterprises into the private sector through privatization.
Privatization goes further than simply returning once-private firms to the business sector.
Our mandate
Drawing on accumulated experience and knowledge, User Corporation has provided advisory services to Turkey’s Privatization Administration (Özelleştirme İdaresi Başkanlığı), the public body responsible for privatizations in Turkey.
Methods
Turkish privatization law (Law No. 4046) allows several routes, from an outright sale to granting operating rights. The right choice depends on the asset, the public objective and the investors likely to compete.
Who we advise
We advise the public side on preparing and running a sale, and investors on competing for it. On any single tender we act for one party only.
Public sector
Investors
Our process
We assess the asset, the legal framework and the structure that best serves the public objective.
We design the sale method, eligibility criteria and the process timetable.
We approach qualified domestic and international investors under a transparent process.
We support bid evaluation, negotiation and completion in line with tender rules.
Sectors
Privatizations in Turkey have concentrated in infrastructure, energy and financial services, sectors we cover in depth.
All 18 sectors →What success requires
A clear, documented process that withstands public scrutiny and audit.
Enough credible bidders to establish a fair price for the public.
A structure investors can finance, with risks allocated where they can be managed.
Price, service quality, investment and employment weighed together.