Gov’t to build 12 marinas by 2015

ANKARA - Anatolia News Agency

Turkey plans to build 12 new marinas to increase the country’s docking capacity for yachts and motor boats to at least 20,000 by 2015, according to data from the Transportation Ministry.

The marinas will be constructed according to a build-operate-transfer system that will spare the government from investment, operating and maintenance expenses. The plans also include bringing up the capacity to 30,000 by 2023 in a highly competitive Mediterranean market dominated by France, Spain and Italy, which claim a combined 75 percent share.

Turkey has built 11 marinas so far through the system, which has contributed 377 million Turkish Liras to the national economy.