The $9.2 Billion Success of Turkish Contractors Abroad

An important achievement has been recorded in the construction sector of Turkey. The Turkish Contractors Association (TMB) announced that Turkish contractors undertook a total of 9.2 billion dollars worth of 128 projects abroad in the first nine months of this year. This figure highlights how competitive and effective Turkish contractors are in the international arena.

The "Construction Sector Analysis Report" published by TMB for the third quarter of the year thoroughly examines the diversity and scope of Turkish contractors' projects abroad. These projects span a wide range from infrastructure to construction, energy facilities to superstructure projects.

Turkish contractors, who have successfully completed projects abroad, particularly stand out with construction activities concentrated in the Middle East and Africa. Thanks to their quality standards and technical skills, Turkish contractors' projects are seeing increasing demand in the international market. This not only strengthens the global reputation of Turkish companies but also significantly contributes to the economic growth of our country.

The TMB report emphasizes that the revenues gained by Turkish contractors from their projects abroad continue to rise on a periodic basis. The increase in the number of projects enhances the experiences and global competitiveness of our contractors. Additionally, this growth paves the way for expanding employment opportunities in the construction sector.

The construction sector continues to be one of the economic engines of Turkey. Investments abroad create opportunities not only for contractors but also for suppliers and the subcontracting industry. The projects won by Turkish contractors accelerate the development in the sector by opening new doors for labor and expertise across the country.

In summary, Turkish contractors are not only achieving financial success with the projects they undertake abroad but also showcasing Turkey's engineering and construction capabilities at the international level. To ensure the continuity of these successes, it is essential for all stakeholders in the sector to act in concert and develop strategies for opening up to new markets.