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Western EuropeMay 4 2010

Private push

Turkey's privitisation programme is still moving at a rapid pace, despite a change in focus. Writer Metin Demirsar
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Turkey's ambitious privatisation scheme has shifted gears, from the sale of sprawling state industries to the marketing of the country's energy sector, infrastructure and services, attracting foreign investors around the world.

Since the programme's initiation in 1985 to the end of 2009, the Privatization Administration (OIB), the agency responsible for carrying out the scheme, has sold the state's shares in nearly 200 firms, generating a total of $38.58bn in revenues.

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