Turkey's construction industry aims to grow 10 pc in 2011

Turkey's construction industry aims to grow 10 percent in 2011, the head of a vocational association said on Friday.

Turkey's construction industry aims to grow 10 pc in 2011

Turkey's construction industry aims to grow 10 percent in 2011, the head of a vocational association said on Friday.

Erdal Eren, chairman of Turkey's Contractors' Association, said that the construction industry, which had shrunk for eight quarters but started to grow in 2010, was expected to grow 10 percent in 2011.

"Real estate and construction industry have overcome impacts of the crisis, and we get the signals for a more regular growth next year," Eren told AA correspondent.

Eren said he thought Turkish contractors could undertake projects in particularly Russia and Qatar as olympic games and world cup finals would be held in those countries.

The association chairman said Turkish contractors would also try to enter Central and Western African markets.

Eren forecast the year-end construction business volume in foreign countries would be below 20 billion USD in 2010, and over 20 billion USD for 2011.


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Last Mod: 31 Aralık 2010, 14:38
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