Decision on Privatization of Certain Real Estate and Buildings Registered to the Treasury, with Proceeds Transferred to the Ministry of National Defense for Construction and Investment Programs (Decision No. 11106)

Presidential Decision No. 11106 authorizes the inclusion of certain immovable properties (land and buildings) currently registered in the name of the Turkish Treasury (Maliye Hazinesi) into the privatization scope and program. The privatization may be carried out through one or a combination of methods including outright sale, leasing, revenue-sharing models, other legally appropriate dispositions, establishment of non-ownership real rights (such as easements or usufruct), or the granting of operating rights. All privatization transactions under this decision must be completed by December 31, 2028. This sets a firm legal deadline for the government to finalize the transfer or restructuring of these state-owned assets. After deducting related expenses, the net revenue generated from these privatizations is to be transferred to the Treasury. These funds are then earmarked exclusively for use by the Ministry of National Defense (Millî Savunma Bakanlığı) for the construction of buildings, facilities, and housing (lojman), as well as for activities listed in the Strategic Target Plan annual construction program and the Ministry's investment program. This decision reflects a policy of monetizing idle or underutilized state real estate assets to directly fund defense infrastructure, linking fiscal asset management with national security investment priorities.

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