Turkey has become the fifth among top ten countries that belong to the Organization for Economic Cooperation and Development, or OECD, in a privatization ranking.
In the list of "Privatization Top-10: OECD Countries from 2000 to 2007" prepared considering largest absolute amounts, Turkey came the fifth after France, Italy, Germany and Japan, with 25 billion USD of privatization transactions.
The ranking was published in an OECD report, "Privatisation in the 21st century: Recent Experiences of the OECD Countries-Report on Good Practises", which assessed successful privatization policies.
Turkey has also become the eighth in the list of largest ten individual privatisation transactions in the OECD area 2000-2007 with privatization of Turk Telekom.
55 percent shares of Turk Telekom was sold to Oger Telekom for 6.6 billion USD in 2005.
Below is the ranking of "Privatisation Top-10: OECD countries from 2000 to 2007":
Amount
Country (USD/billion)
---------- --------------
France 98.2
Italy 69.6
Germany 65.0
Japan 33.2
Turkey 25.0
Netherlands 23.1
Austria 20.0
United Kingdom 18.4
Finland 18.3
Swede 16.0
The list of largest ten individual privatisation transactions in the OECD area 2000-2007 is as follows:
Share of
Company
Transferred Proceeds
Year Country Company Sector (Percent) (USD/billion) Observation
----- ---------- --------- --------- ----------- -------------- ------------
2006 Australia Telestra Telecom 33.6 13.7 Third tranche
Corp.
2000 Germany Deutsche Telecom 6.6 12.8 Third tranche
Telekom
2004 Italy ENEL Utilities 19.6 9.5 Third tranche
2000 Japan NT&T Corp Telecom 6.4 8.7 One of last tranches
2005 France Electicite de Utilities 12.7 8.4 Initial
France Public Offering
2000 Sweden TeliaAB Telecom 29.4 7.7 Initial
Public Offering
2005 France Autoroutes du Transportation 50.0 6.8 Second tranche
Sud de la France trade sale
2005 Turkey Turk Telecom Telecom 55.0 6.6 Trade sale to
foreign investor
2004 France France Telecom Telecom 10.9 6.2 Third tranche
2005 France Autoroutes Transportation 70.2 5.8 Second tranche,
Paris-Rhin Rhone trade sale
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