Economy

Qatar's firm buys Turkish port in Antalya

Turkish conglomerate sells port for $115.15M

Gökhan Ergöçün  | 26.01.2021 - Update : 26.01.2021
Qatar's firm buys Turkish port in Antalya

ISTANBUL

QTerminals, a Qatari commercial port operator, purchased a Turkish port -- Port Akdeniz -- owned by Turkish conglomerate Global Yatirim Holding.

The Qatari firm, which signed the purchasing agreement in October 2020, completed all necessary conditions and received approval, according to a press release issued by the Turkish holding.

The port, located in the Mediterranean resort city Antalya, was sold for 849.84 million Turkish liras ($115.15 million).

Port Akdeniz provides cruise, container, general cargo, bulk cargo, project cargo, shore base and military ship services.

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.