ANKARA
Turkey plans to build 12 new marinas to increase the country's docking capacity for yachts and motor boats to at least 20 thousand by 2015, according to data from Turkey's Transport and Maritime Ministry.
The marinas will be constructed through build-operate-transfer system, or BOT, which would spare the government from investment, operating and maintenance expenses.
The plans also include to bring up the capacity to 30 thousand by 2023 in a highly competitive Mediterranean market dominated by France, Spain and Italy, which claim a combined 75 percent share.
Turkey has built 11 marinas so far through BOT system which contributed 377 million Turkish liras to the national economy.
