The Build-Operate-Transfer Law numbered 3996 (the “BOT Law”) determines the scope and framework of investments that can be implemented under the build-operate-transfer (“BOT”) model. While municipalities had the opportunity to carry out various investments with the BOT model under the BOT Law previously, including the environmental projects, with the introduction of Additional Article 3 to the BOT Law on 15 June 2022, a more straightforward method for the environmental pollution prevention investments of the municipalities has been introduced and it paved the way for the rapid completion of these investments.
You may reach the details of the developments introduced by the additional article 3 here.
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This is for information purposes; it is not legal advice. As laws and their interpretation may change, please consult Turkish legal counsel to confirm the current position and obtain advice tailored to your circumstances before making any decision or taking action in relation to your matter in Türkiye. All rights reserved.
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