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Erdogan Presidential Palace Cost Soars For Turkey

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A controversial new 1,000-room palace built for Turkish President Recep Tayyip Erdogan will cost about £385m ($615m) - nearly twice the previous estimate, Turkish officials say, reported BBC News.

Known as Ak Saray (White Palace), it was built on a forested hilltop on the edge of the capital Ankara, on more than 150,000 sq m (1.6m sq ft) of land.

Mr Erdogan opened the palace on 30 August after becoming president.

His AK Party has dominated Turkish politics for more than a decade.

The palace is bigger than the White House in Washington, the Kremlin in Moscow and even the Palace of Versailles near Paris.

Finance Minister Mehmet Simsek, quoted by Turkey's Hurriyet newspaper, said most of the 1.37bn Turkish lira ($615m) cost had been paid, but another $135m had been budgeted for it in 2015.

The palace has sumptuous marble corridors and atriums, as well as high-tech systems to prevent electronic eavesdropping.

An outer shot of the Ak Saray presidential residence

Environmentalists accuse Mr Erdogan of spending public money on lavish construction projects to the detriment of green areas. Activists defending Istanbul's iconic Gezi Park clashed with police in June 2013.

Hurriyet says the palace project was controversial because hundreds of trees were cut down to make space for it, in what had been a forest reserve bequeathed to the nation by modern Turkey's founding father, Mustafa Kemal Ataturk.

Read more at bbc.com.

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