TCDD's 2022 Year-End Loss Target is 4 Billion Liras

TCDD's End of Year Loss Target Billion Lira
TCDD's 2022 Year-End Loss Target is 4 Billion Liras

In the information note sent by TCDD to the Parliamentary SEE Commission, it was announced that 3.9 billion liras will be lost this year.

TCDD, which has a monopoly in rail transportation and carries millions of passengers on a 13 thousand kilometer line, cannot escape the damage. In the information note sent by TCDD to the Parliamentary SEE Commission, it was announced that 3.9 billion liras will be lost this year. Answering the questions posed by CHP İzmir Deputy Atila Sertel in the meetings of the SEE Commission in June, TCDD administration said, “Our organization has programmed a loss of 2022 billion 3 million 968 thousand liras in 960”.

They will also sell TCDD

While the loss of the institution in the last 9 years has exceeded 24 billion liras, it owes 2 billion 474 million 956 thousand liras to the Treasury and 20 million 608 thousand liras to public institutions. During this ruling period, the general manager of TCDD was changed 8 times, and Hasan Pezük was appointed as the new General Manager the previous day. One of the directors remained in office for only 11 days and the other for a month. CHP İzmir Deputy Atila Sertel, a member of the KİT Commission of the Grand National Assembly of Turkey, said, “If you carry passengers for free, there will be no such damage. They will privatize and sell the institution, first they make a loss and reduce its value," he said.

TCDD carried 38 million tons of cargo last year

Deniz Yavuzyılmaz, a member of the SOE Commission and CHP Zonguldak Deputy, said, “TCDD's loss in the last 9 years has been 24 billion 254 million liras. With old money, it's a quadrillion, it's terrifying.” To date, 64 million trips have been made in YHT, 706 million in MARMARAY, 821 million in İZBAN and 48 million in BAŞKENTRAY. TCDD carried 38 million tons of cargo last year.

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