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Turkey’s infrastructure renewal continues apace, despite 2016’s political upheaval. In 2015 the Turkish government invested $30bn in construction, with the total value of projects scheduled through to 2023 worth over $100bn. Project finance expert Professor Dr H Ercüment Erdem, founder and senior partner of Erdem & Erdem Law Office, outlines the most exciting projects happening in Turkey right now, including the New Istanbul Airport, scheduled to begin operation in 2017. He outlines the laws governing PPP projects in Turkey, and explains how partnerships are typically structured; and identifies the key risks and considerations for international investors who want to engage in the country’s development.

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