Construction Market in Turkey- Growth,Key Trends by 2017

1
Construction in Turkey Key Trends and
Opportunities to 2017
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• Published Nov 2013
• Single User PDF US 1950
• Corporate User PDF US 3900

2
Construction in Turkey Key Trends and
Opportunities to 2017

• Synopsis
• This report provides detailed market analysis,
  information and insights into the Turkish
  construction market, including
• The Turkish construction market's growth
  prospects by sector, project type and type of
  construction activity
• Analysis of equipment, material and service costs
  across each project type within Turkey
• Critical insight into the impact of industry
  trends and issues and the risks and opportunities
  they present to participants in the Turkish
  construction market
• Summary
• Despite the Eurozone crisis, the Turkish
  construction industry has outperformed
  neighboring countries. The industry recorded a
  CAGR of 10.17 during the review period. This
  growth was driven by the government's continued
  encouragement of foreign direct investment (FDI)
  and public-private partnerships (PPPs) in the
  country. The outlook for the Turkish construction
  industry is favorable as a result of the
  government's focus on developing physical and
  social infrastructure in the country. The
  industry is expected to record a CAGR of 9.33
  over the forecast period.
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  5441

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3
Construction in Turkey Key Trends and
Opportunities to 2017

• Scope
• This report provides a comprehensive analysis of
  the construction industry in Turkey
• Historical (2008-2012) and forecast (2013-2017)
  valuations of the construction market in Turkey
  using the construction output and value-add
  methods
• Segmentation by sector (commercial, industrial,
  infrastructure, institutional and residential)
  and by project type
• Breakdown of values within each project type, by
  type of activity (new construction, repair and
  maintenance, refurbishment and demolition) and by
  type of cost (materials, equipment and services)
• Reasons To Buy
• Identify and evaluate market opportunities using
  our standardized valuation and forecasting
  methodologies
• Assess market growth potential at a micro-level
  via 600 time series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies by
  leveraging our critical and actionable insight
• Assess business risks, including cost, regulatory
  and competitive pressures
• Evaluate competitive risk and success factors

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4
Construction in Turkey Key Trends and
Opportunities to 2017

• Key Highlights
• According to the Organization for Economic
  Co-operation and Development (OECD), Turkey is
  anticipated to be the fastest-growing economy
  among member countries over the forecast period.
  Coupled with this, the country's plans to become
  the 10th-fastest-growing economy in the world by
  2023 include significant investments in
  construction. For instance, the government
  recently unveiled plans to build the world's
  largest airport, in Istanbul, at a cost of US5.6
  billion. When the airport is operational in 2017,
  it will have an annual capacity of 90 million,
  twice as large as Istanbul's current largest
  airport, Ataturk.
• According to the Turkish Statistical Institute
  (TSI), Turkey's population increased from 73.9
  million in 2011 to 74.8 million in 2012,
  registering an annual growth of 1.3. This growth
  rate was in line with the average growth rate of
  1.3 recorded during 2002-2011. According to
  official estimates by TSI, the population will
  reach 84.2 million by 2023 and 93.4 million by
  2050.
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