Turkey is engaged in discussions with the state-controlled Abu Dhabi Port to set up a joint venture for operating rights of the Aegean port of Izmir reports Reuters.
Izmir Port & ValuationAbu Dhabi was interested in buying a stake to operate Izmir Port, in a possible deal that could be valued at about $500 million.
Changes in regional competition and capacity conditions have caused delays in finalizing the agreement.
“Turkey conducted talks with other potential buyers but decided to advance with...
https://mfame.guru/izmir-port-transformation-turkey-and-abu-dhabi-strategic-partnership/