The winner will hold the operation rights of the tourism complex for 49 years. The Transport Ministry initiated a tender process for the Haliç Yacht Port and Complex Project on May 14 following the build-operate-transfer (BOT) model. The offers will be received on July 2 for the privatization of Camialtı and Taşkızak shipyards in Haliç. The project includes two yacht ports, two five-star hotels – each with 400 rooms, a big mosque, and the shopping malls and parks in the area of around 230,000 square meters.