Turkey second biggest constructor of world

Turkey's Economy Minister Zafer Caglayan said Turkey ranks second in international construction sector only behind China

Turkey second biggest constructor of world

Turkey’s Economy Minister Zafer Caglayan has said Turkey ranked second in international construction sector.

Quoting a Top 250 list published by Engineering News Record, an international construction sector magazine, Caglayan said Turkey with its 55 firms, followed China that tops the list.

In a written statement on Thursday, the Turkish economy minister also said Turkish firms on the ENR list had a turnover of $16.8 billion in 2012. Congratulating Turkish construction firms for their success, Caglayan said that the sector had a strong backing of Turkish Prime Minister Recep Tayyip Erdogan.

The statement also said that Turkish construction firms have increased their incomes by 2.5%, from $15.9 billion in 2011 to $16.8 billion in 2012. It further said that Turkish firms' incomes went up by 9% in the Middle East, one of the most important markets for Turkey but due to political crises, project incomes dropped by 10.5% in North Africa.

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Güncelleme Tarihi: 22 Ağustos 2013, 14:54
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