In what way have local construction firms contributed to the development of the sector in Turkey?
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Articles & Analysis | Turkey's construction sector driving growth in mining and construction machinery and equipment from The Report: Turkey 2015
As Turkey’s economy and population have expanded, growth in its construction sector has benefitted from the existence of a vibrant domestic industry for manufacturing machinery. According to 2013 data from the Turkish Construction Equipment Manufacturers and Distributors Association (IMDER), the construction and mining machinery and equipment (CMME) sub-sector posted the...
Articles & Analysis | Turkey's population and income growth fuelling real estate sector growth and attracting international interest from The Report: Turkey 2015
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...
Articles & Analysis | OBG talks to Ergil Ersü, Chairman, Gama Holding, and Orhan Paçacı, Member of the Executive Committee and Shareholder, Mesa Holding: Interview from The Report: Turkey 2015
What are the factors you evaluate when determining whether or not to invest in a project abroad?
Chapter | Construction & Real Estate from The Report: Turkey 2015
Over the last decade, the construction sector has transformed the skyline of Istanbul and other cities, renewed and extended Turkey’s transport infrastructure, and built new communities and facilities from the Aegean to the Caucasus. Construction employs tens of thousands directly and has also established a range of related industries— such as construction machinery, building materials,...
Despite some recent turbulence, Turkey has strong fundamentals that underscore its potential for long-term economic growth. With a young population of 77.7m, a strategic location within four hours’ flying time of 1.5bn consumers and a diversified economy, the country has much to offer investors.