Rise in maintenance and construction projects in Iraq are considered as indicators that Turkey's construction sector would be dynamic in the coming years.
"Iraq" report of the Undersecretariat of Foreign Trade Export Development Research Center said construction and contracting sector entered into a rapid growth period in Iraq.
The report said destroyed buildings in Iraq were reconstructed and market for the construction materials developed.
The report said, "the main infrastructure investments carried out in Iraq intensify on water supply projects, waste water purification plant, electricity power plant, hospitals, schools and housing construction, highway, airlines, bridges and port construction."
"Considering the rise in reconstruction, maintenance and construction projects, amount of the required investment is estimated to be around 100 billion USD. The market on construction materials, mainly the cement, is envisaged to be dynamic in the coming years," the report said.
The report said positive image towards Turkey, historical and cultural ties, geographical closeness, logistical advantages, influence of Turkish businessmen in Iraq, preference of Turkish projects reinforce influence of Turkey in Iraq.
Turkish products are considered as symbol of quality in Iraq.