Turkey is building

Turkey’s remarkable construction boom in the years 2009 to 2013 may be over – average growth rates of around 12% were unsustainable – but the country remains one of Europe’s strongest economies, and construction is one of the driving forces behind its development.

 

The government’s plans for investment in infrastructure, housing, energy – often using private-public partnerships (PPP) – mean that the country is home to some of the world’s most ambitious and technically demanding mega-projects. These include a third-international airport in Istanbul, a multi-billion dollar road and rail tunnel spanning Istanbul, and the building of at least two nuclear power plants.

 

Projects like these underpin some very positive construction forecasts, with expected annual growth rates of between 4 and 6% for infrastructure and non-residential construction in the years up to 2019.

 

Investment in cranes and specialized transport equipment will continue in support of this growth, with modern equipment essential to ensure that Turkey can meet its development goals.