Turkish Contracting Sector Achieves $570 Billion Success in 139 Countries

Trade Minister Ömer Bolat announced at the General Assembly of the European International Contractors in Istanbul that the Turkish contracting sector has reached a total magnitude of $570 billion through projects carried out in 139 countries.

Record Level Reached in Global Projects

Trade Minister Ömer Bolat drew attention to the sector's strength in the international arena at the General Assembly of the European International Contractors in Istanbul. Stating that the sector has successfully completed a total of 12,900 projects in 139 different countries, Bolat noted that the total tender value of these projects has reached $570 billion.

Mega Investments in the Last 23 Years

Minister Bolat emphasized that $520 billion of the total $570 billion magnitude reached was realized during the last 23-year period. Stating that Turkey has undergone a major transformation in infrastructure during the same process, he reported that over $300 billion has been invested in infrastructure.

Transportation and Economic Indicators

Stating that Turkey has entered the top 10 countries in the world in maritime transport, Bolat said that the per capita national income could exceed $20,000 by the end of the year. He also conveyed that the unemployment rate has followed a stable course at 7.8 percent for the past 40 months.

International Rankings and Partnerships

He recalled that Turkey ranks second with 49 companies on the list of the world's largest 250 international contracting firms. Stating that Turkish contractors undertake important projects in European countries such as Spain, Portugal, the Netherlands, Poland, and Romania, he expressed readiness for cooperation with European companies.