Posts

Showing posts from January, 2024

Construction Company Turkey

Image
Construction Company turkey is one of the most important and dynamic sectors in the Turkish economy. It employs about 1.8 million people and accounts for 5.9% of the country’s GDP. It is estimated that the sector’s exports reach more than $37 billion per year. This makes it the seventh largest construction industry in the world and one of the most powerful economic drivers of the economy. According to the Ministry of Commerce, in 2022 the construction sector carried out 85 projects abroad worth about 3.9 billion dollars (TL). In the first half of 2020, Russia, Iraq, Croatia and Qatar were the leading markets for Turkish contractors. The construction sector in Turkey is famous for being able to complete complex and large-scale projects even under adverse conditions. For example, the building of a 200-bed capacity hospital in Mogadishu was completed within 12 months despite a contract period of 24 months. Besides, the projects are designed to provide a profit to the investor and offer a