Industry News

Turkey’s SWF Aims to Start Accepting Bids in June

Published

6 years ago

May 6, 2019

Niji Narayan

Turkey’s SWF Aims to Start Accepting Bids in June

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Sovereign Wealth Fund (SWF), has revealed its aim to start accepting bids in June. The tender is for the operating rights of the National Lottery.

“We are considering the transfer of operating rights for a 10-year period. We have been talking with all major companies since February. We will take the final bids in the middle of June. Our goal is to determine by end-June or early July who we will give it to. The full transfer will be done by end-year,” General Manager Zafer Sönmez said.

Furthermore, he said that the SWF will take steps for the National Lottery in less than a week and that it should be assessed with a different model.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.