Abstract
Public-Private Partnerships (PPPs) have become a prevalent method to fund transport infrastructure around the world. PPPs have emerged in airports as an alternative to public airports and complete privatisation of airports. PPPs in airports have a history of 25 years in Turkey. This paper aims to provide an up-to-date review of PPP experiences in Turkish airports. With a case study design, PPPs in Turkish airports are examined in the context of policy, legal grounds, and implementations. PPPs are the main method adopted especially in the funding and operation of new airports and/or terminals in Turkey. Besides the successes, there are also areas to be improved regarding PPP design and implementation. More transparent, comprehensive, and structured contract terms, proper risk assignment, more accurate demand forecasting, and efforts to overcome certain public interest concerns are identified as the main requirements for future policy actions.
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