How many housing units will Turkey have to produce to meet economic and population growth?
Turkey Construction
Displaying 13 - 18 of 29
Interviews & Viewpoints | OBG talks to Başar Arioğlu, Managing Director, Yap› Merkezi from The Report: Turkey 2013
What conditions led to a slowdown in the construction business in 2012, and what is your outlook for the sector in 2013 and beyond?
Interviews & Viewpoints | Mehmet Ali Neyzi, CEO, STFA, on the history of the sector from The Report: Turkey 2013
When the Republic of Turkey emerged from the ashes of the Ottoman Empire 90 years ago, the fledgling nation had little indigenous industrial capacity. This was especially clear in the construction sector, which was dominated by foreign firms. Things began to change during the Cold War climate of the 1950s, when Turkey began receiving more development assistance from the...
Articles & Analysis | A home for development: Foreign interest continues to support growth in the market from The Report: Turkey 2013
The real estate sector has been highly dynamic in recent years, with investor sentiment impacted both positively and negatively by a flurry of regulations, new megaprojects and the quarterly health of the economy. At the same time, the country – especially its largest city – has cemented itself as the darling of investors looking for strong...
Chapter | Construction & Real Estate from The Report: Turkey 2013
The construction sector is riding high on the back of a raft of major infrastructure projects, particularly in road and bridge development, and an ongoing urban regeneration plan that will see one-third of the country’s houses torn down and rebuilt. After shrinking in 2009 as the result of a financial crisis, the sector helped lead the economic recovery by growing by 18.3% and 11.5% in 2010 and...
At an average of 5.1% between 2003 and 2012, Turkey has experienced one of the world’s highest growth rates over the past decade. This was accompanied by drops in joblessness and poverty, as well as gains in school enrolment, home ownership and life expectancy.