THE IMPACT ON IMMOVABLE VALUATION AND URBANIZATION IN REGIONAL IMPLEMENTATIONS OF LARGE SCALE PUBLIC INVESTMENTS: THE CASE OF OSMANİYE PROVINCE

Abstract

Author(s): Nuri ERDEM

There are significant contributions to public investment in areas such as economic and social growth impact, employment creation capacity (during construction or operation), increased quality of life in all segments of society, human resources development, access to public services and increased efficiency. The scope of the public investment program is generally composed of State Economic Enterprises (SEEs), organizations under the scope of privatization, revolving funds, Bank Of Provinces and local administrations' internal and external credits. Every public investment increases the economic volume of that city, leading to significant increases in the revenues of those who are direct or indirect. Urbanization movements are also accelerating in provincial centers where intensive public investments are made. Large-scale public investments, such as the establishment of organized industrial zones, the construction of large complexes for roads, schools, hospitals, health centers, governorships and affiliated units, and especially the establishment of new universities, are the projects that can change the macroeconomic form of the cities. All these developments lead to very large increases in the value of immovables such as urban and rural land and housing in the invested region and its immediate vicinity and therefore cause rapid urbanization. The best examples of this are clearly seen in small Anatolian cities such as Osmaniye. In this study; it has been investigated in the capacities and activities of public investments in the two neighborhoods of the Osmaniye province center in recent years, and it is compared with the immovable values of different years and obtained from different sources. Eventually, it has been demonstrated that the effects of the large-scale public investments on the value increase of the immovables in the environment and on the urbanization around them

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