Turkish President Recep Tayyip Erdogan served as the mayor of Istanbul before ascending to the helm of the country as prime minister in 2003. During a television debate in 1994, he voiced strong opposition to a proposed third bridge over the Bosporus to the lush, forested area north of Istanbul. According to the then-mayor, such construction would be “a serious mistake” because it would serve the interests of rent-seekers while “destroying [Istanbul’s] remaining lungs” in the area.
The environmental plans for Istanbul — considered the city’s constitution and updated most recently in 2009 — put the northern areas off limits to development and all kinds of public and private investment to protect the city’s remaining forests and water basins. Yet Erdogan — who put his signature on the plans as a mayor — removed the red line in 2013 as he spearheaded projects to build a third bridge over the Bosporus, complete with belt highways and a third airport for the city, flouting the huge environmental damage.
Both projects were based on the build-operate-transfer model of public-private partnership. In return for 25 years of operational rights, the companies would pay certain rents but would enjoy profit guarantees by the government. Accordingly, the Treasury would pay the difference if traffic through the bridge and the airport fell under the guaranteed figures.
In addition to the two giant projects that are meant to complement each other, yet another involves the construction of an artificial waterway called Canal Istanbul — the preparatory work for which becomes a topic for discussion, especially during election times.
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