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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of reside🅷ntial and non-residential buildings, heavy and c❀ivil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The COVID-19-induced recession meant it was vital for governments around the world to work hard to counteract the wide-ranging effects of the pa𒉰ndemic. While private investments may have suffered from the uncertainty of the pandemic,ꦯ ...
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Turkey has a well-rounded and impressive infrastructure sector, thanks mainly to years of government focus, 🦩with big chunks of the national budget being allocated to its transport and e🌄nergy networks. It has one of the world’s busiest ...
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For more than a decade, the construction sector has been a major driver f🐟or the Turkish economy’s expansion at rates above 5%. The rapid expansion was supported by f🎐avorable demographics and government policies, which included large ...
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Turkey’s construction sector has experienced rapid growth in recent years, driven by supportive government policy. The state has launched a series of large infrastructure projects and development progra💯mmes that have helped the industry become ...
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The Turkish construction market is highly fragmented, despite the presence of a high number of big contracting and constructi🦹on companies with vast international e👍xperience. Most of the construction companies are family-owned businesses, which have ...
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