16 April 2014, Wednesday
Today's Zaman

TOKİ cancels Ataköy land privatization tenders

19 August 2009, Wednesday /TODAY'S ZAMAN WITH WIRES
The Housing Development Administration of Turkey (TOKİ) has cancelled tenders for the sale or lease of land in İstanbul's Ataköy neighborhood.

Having recently decided to privatize publicly owned land along the Ataköy coast, TOKİ said they would start tenders for either the sale or lease of the land, which consists of four separate parcels. The administration announced they would start tenders for the sale of three parcels and the lease of one, separately. The tenders were due start today in Ankara; however, TOKİ said the process has been cancelled.

TOKİ's decision to privatize the Ataköy coast has sparked debates as some parties harshly criticized the administration for trying to benefit unfairly from land that is open to public use. People living in the Ataköy neighborhood have asked TOKİ to designate the coast as public land and cancel the privatization process. TOKİ President Erdoğan Bayraktar, however, said there is already enough space for public use along the Ataköy coast and that they expected to provide extra income for the state, mentioning that the land had already been “occupied” illegally for the past 28 years.

BUSINESS  Other Titles
Twitter: No current deal to open office in Turkey
Ankara says Russia's South Stream pipeline could run to Turkey
Turkish central bank meeting eyed for signs of political meddling
Turkish cement firms eye assets after Holcim-Lafarge merger
CHP raises issue of irregularity in loans for Sabah-ATV sale
TUSKON key in trade with Turkey, top Russian group says
Number of job seekers hits 10-year high
Gül attends event of group labeled ‘traitors' by Erdoğan
'Banning social media disaster for any government's global image'
Pakistan publishes list to embarrass tax cheats into paying up
Turkish schools help to enhance trade relations with Africa
Unemployment rate sees decrease year-on-year in Jan
Pegasus Airlines to start flights to Bahrain
Installment payments down 16 pct since credit card regulation implemented
Euro zone's trade surplus widens on rising exports in February
Doğan Holding merges with publishing group
Turkey's Koç: We will concentrate our energy on investments
EU lawmakers complete financial system overhaul
Egypt limits air conditioning in mosques as power shortages worsen
TL 1.5 billion budget deficit seen in Q1