The handover ceremony of İskenderun Port to Limak Yatırım started with the participation of Minister of Justice Sadullah Ergin, Finance Minister Mehmet Şimşek, Minister of Transport, Maritime Affairs and Communications, Binali Yıldırım.
With the ceremony held at Rixos Hotel, 36-year operating right of İskenderun Port, owned by TCDD, is transferred to Limak Investment.
The tender was made once for 2005 regarding the privatization of İskenderun Port, but the tender was canceled. A tender was held for the second time on May 17, 2010 for the privatization of the port, and 16 offers were received on September 2010, 12, which was the last bidding bid.
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The results of the tender were approved by the decision of the High Council of Privatization dated 7 January 2011.
The total cargo handling capacity of TCDD Iskenderun Port, located in the Eastern Mediterranean, is 3.2 million tons per year. The share of the port in the Mediterranean ports percent 2,4, 0,8 share in Turkey's port percent, the report said.