Private Partnerships Investments and External Debt Payment Projection

In the framework of Public Private Partnership (PPP), a real investment of 42 billion dollars for 144 project with the agreement cost of 110 billion dollars occurred in 2003-2016 period. Furthermore, except from this data, 2 nuclear power plants, Channel İstanbul which is planned to be built by unlicensed power generation plant, 3. nuclear power plant, 3. Istanbul Bosphrous Tunnel, Çanakkale 1915 bridge are other infrastructure investments exist within the context of PPP. Financing of PPP, credit periods, credit interest rates are analyzed and implications of PPP investments will be investigated for balance of payment.The question that the answer of it will be searched in the paper is if economy of Turkey entering the cycle of “provide credit via public-private ownership, spread it in the long run, finance the current deficit” as the solution of national and global conjuncture will be searched. In this context, it is aimed to investigate while the current deficit in the short run is financed via PPP projects, if the sustainability of foreign debt payment of this strategic policy implementation is ignored or not and determine the years of currency bottleneck. Holding other conditions constant, it is initiated to determine that currency bottleneck may occur in 2017- 2030 period due to currency based credit payments of PPP projects and Foreign Direct Investment profit transfers.