Turkey Wealth Fund

Companies and assets formerly owned by state institutions shall be eligible to be transferred to the fund and sub-funds shall be able to be created if viewed appropriately.

[4] On 6 February 2017, it was announced that Ziraat Bankası, Turkish Airlines, TÜRKSAT, BOTAŞ, PTT, BİST, TPAO, Türk Telekom (6.68%), Eti Maden, Çaykur had been handed over to TWF.

[5] In addition to the companies, the 3 billion liras worth Defense Industry Support Fund (Turkish: Savunma Sanayii Destekleme Fonu) was transferred to the TWF for 3 months.

[9] In April 2020, TWF Financial Investments was founded with previously government owned shares of insurance companies.

[17] On 10 March 2022, TWF acquired controlling stakes of Türk Telekom for $1.65 billion in order to resolve handover issues in 2026.