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Band?rma Port 36 years $175.5 ml

Band?rma Port 36 years $175.5 ml
Çelebi Holding has become the new operator of the Turkish State Railways' (TCDD) Port of Band?rma in Bal?kesir province after bidding $175.5 million in yesterday's tender to transfer its operating rights for 36 years.

Çelebi gets Band?rma Port for $175.5 million

Çelebi Holding has become the new operator of the Turkish State Railways' (TCDD) Port of Band?rma in Bal?kesir province after bidding $175.5 million in yesterday's tender to transfer its operating rights for 36 years.

The holding's business development department head, Ümit Bozer, spoke to the press after the tender and said they will primarily meet the financing requirements of the purchase from their equities.

The rest will be financed through loans, he added. Following the signing of the contract, the company will invest $20 million over five years in the development of the port.

The group has been operating the Antalya seaport for one-and-a-half years. Meanwhile, Ceynak Lojistik was the winner of another tender that transfers the operating rights of the TCDD's Samsun port for 36 years. Ceynak agreed to pay a lump sum of $125.2 million in cash.

www.TurkishMaritime.Com.tr

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