Turkey Shifts Focus to Local Investors Following Failed Talks for Izmir Port

Turkey is now turning its attention to local investors after negotiations to sell the operational rights of an Aegean port to the United Arab Emirates’ AD Ports Group came to a halt half a year ago. ‘We have been making significant progress in discussions with a few Turkish entrepreneurs who are interested in investing in the port,’ said a Turkish official. This shift in focus follows the breakdown of talks with the UAE’s AD Ports Group, signaling a renewed effort to involve local investors in the development of the port infrastructure.