IFM As The Output Of PPP Experiences

PPP projects give an opportunity for both global investors to get in the IFM and extending and diversifying the Islamic finance tools.

Every day there are changes in basic structures of the global ecosystem. Therefore, creating substructures that will feature the country advantages by developing strategies according to this is gaining importance by degrees. IFM project of which general frame was determined 10 years before is a great opportunity in this case. However, the matter of preparing this center with which instruments are more important. Within this scope, the experience that obtained from the substructure investments realized with Public-Private Sector Cooperation (PPP) model that almost simultaneously started with IFM project creates a value that can be marketable to the world through private sector representatives. A total of 217 PPP projects worth of 137 billion dollars realized until today reveals the success of our country in this field. In order to place Istanbul to higher ranks in international financial centers, it is inevitable that the investment opportunities of PPP projects create in interest-free finance area to become an extremely important investment instrument under the IFM roof. Capital markets facing the substructure investments and increase in the variety of market tools in this area will be discussed as the matters that should be cared more within the scope of IFM. In summary, PPP projects give an opportunity for both global investors to get in the IFM and extending and diversifying the Islamic finance tools. Turkey has succeeded to turn Istanbul to a “Global PPP Center”, yet without actualizing the IFM project, with its successes in global scale in the PPP field.

DEİK PPP Committee Chairman and Istanbul PPPCoE Chairman Dr. Eyüp Vural Aydın