Seaport concession won
Celebi-led consortium wins Bandirma port concession for USD 175.5mn. Local Celebi-led consortium wins Bandirma Port concession tender with a best bid of USD 175.5mn. In the tender held on Friday (May 16), Celebi outbid local companies Oyak, Albayrak-Seckin joint venture, Turkuaz Petrol Urunleri, Gumruk ve Turizm Isletmeleri, Mardas Marmara Deniz Isletmeciligi, Ceynak Lojistik ve Ticaret, Turkerler-Kolin joint venture, IC Ictas-Gulmar consortium, Varyap Varlibaslar Yapi Sanayi ve Turizm Yatirimlari, and Global Liman-Torunlar joint venture. The tender is subject to the approvals of the competition board and the privatisation high council. The privatisation administration, in charge of the sale, will also ask for the council of state’s opinion. Upon approvals of these institutions, Celebi will take over the port to operate it for 36 years. Head of the business development unit of Celebi Holding, Umit Bozer, tells semi-official news agency Anadolu that the company will pay the sale price in one instalment and will utilise its own resources and seek project financing loans to pay this amount. Celebi foresees to spend USD 20mn in the port in the following five years after the hand over contract is signed, according to the company official. Bozer furthers that the company is currently in negotiations with a foreign company for partnership in the port declining to give a name. Bozer also states that the consortium consists of Celebi Holding companies. Bandirma Port , currently operated by state-run railway company TCDD, is located on the south coast of the Marmara region, the most industrialised zone in the country.
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