Turkey

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Directly responsible for a significant share of GDP and with its contractors active right across the globe, Turkey’s construction sector has been at the forefront of the country’s recent economic development. Over the last decade, the sector has transformed the skyline of Istanbul and other cities, renewed and extended Turkey’s transport infrastructure, and built new...

In what way have local construction firms contributed to the development of the sector in Turkey?

From residential to retail property, the Turkish real estate market has flourished in the last few years. Buoyed by economic and demographic growth, rising incomes, market liberalisation and a major urban renewal programme, the sector has also been attracting strong international interest which has spread beyond traditional buyers in Europe and the Gulf, and beyond the...

What are the factors you evaluate when determining whether or not to invest in a project abroad?

 

How can Turkey work towards decreasing its dependence on costly energy imports?

In an effort to join the club of nuclear nations, Turkey has announced plans to build 12 nuclear reactors by 2030, with the intention that 20% of power generation capacity will be provided from this source. However, while eight projects have been approved, delays have already befallen the initial build-own-operate (BOO) project, Akkuyu 1, pushing the commencement of its...

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