Turkish Contracting Sector Gains Strength in the Global Market in 2025

Tuesday, January 21, 2025

Turkish Contracting Sector Gains Strength in the Global Market in 2025

Turkish Contracting Sector Gains Strength in the Global Market in 2025

The Turkish contracting sector aims to gain significant momentum in overseas projects in 2025. Turkey is making a name for itself in the global contracting sector by undertaking major construction projects, particularly in the Middle East, Africa and Asia markets.

An Increase is Expected in Overseas Projects

Turkish contractors have been drawing attention with the projects they have undertaken abroad in recent years. As of 2024, the total business volume of Turkish contracting companies abroad has exceeded 50 billion dollars. According to estimates for 2025, it is anticipated that Turkish contractors will have a greater say in the international market. Major projects are expected, especially in infrastructure, housing, hospital and commercial center construction.

New Export Targets: African and Asian Markets

African and Asian markets are among the regions where Turkish contractors have recently concentrated. Turkish contractors plan to make major investments in the developing construction sectors in the region. In 2025, Turkish contractors are expected to increase their market share in these two regions and undertake more projects. Africa's rapidly developing infrastructure needs and major city projects in Asia are among the main projects preferred by Turkish companies.

Innovative Technologies and Sustainable Construction Investments

The Turkish contracting sector continues to invest in digitalization and sustainable construction in order to gain a competitive advantage in the international market. Smart buildings, energy-efficient projects and green building applications enable Turkish contractors to offer preferred projects abroad. In addition, innovative solutions such as artificial intelligence and robotic technologies in construction processes are of great importance for the future of the sector.

Challenges: Raw Material Prices and Geopolitical Risks

While Turkish contractors are successful in projects abroad, they also face some challenges. In particular, fluctuations in raw material prices bring about cost increases. In addition, contracting companies must also consider geopolitical risks in the regions they operate. However, sector representatives state that Turkish contractors have the flexibility and experience to overcome these challenges.

Optimistic Expectations for 2025

The Turkish contracting sector has a positive outlook for 2025. In this period when major projects and investments are expected both domestically and internationally, Turkish contractors are expected to gain more ground in the global market and undertake strong projects.