The Property and Constructing Industrial sectors In Turkey.

Turkey today has one of the larger construction services market sectors in the entire world.

The GDP of Construction and Building sector is now over 6% and it hires more than 1.5 million people . When all the associated and adding supplies from other companies are taken into account, the share of the construction market in the Turkish program reaches nearly 30% and the employment affect an estimated 10%.
The industry is still extending and growth rate by the end of 2011 was over 11%. This sector is one of the main reasons and a driving force in the current economic rise of Turkey.
The infrastructure refinement has assisted and accented the sector with many major projects Such as the construction of the high speed railway line which will connect the capital city and the largest population centers with Istanbul and serve more than 17 million people to spread around the country. This enhances the large scale and dramatic improvement of the road network and the constant updating of its system of Airports for nation wide and global marketing customers.
The Turkish Contractors Association (TCA) has a pool of well qualified engineers architects and all required professions to supply contracting companies A good 90% of the members of TCA are composed of engineers and architects. These highly trained professionals are responsible for the realization of 70% of domestic construction works and 80% of over 4200 projects undertaken Internationally in 69 countries.
31 Turkish contracting companies were ranked among the World’s Top International Contractors which was announced by the leading international industry magazine in 2011.
By the end of 2011, Turkish contractors had undertaken nearly 6500 projects in 94 countries, with a total value of over £100 billion .As an export sector in is substantial and that activity internationally brings reciprocal and supply advantages home.
One of the most important destinations Turkish contractors shipped their services to was Libya. So their service providers are truly international with cultural ties to the eastern markets and its pivotal regional location Turkey is becoming a centre of services around its borders
This is illustrated by figures in 2011, Turkish contractors had performed new projects totaling £9 billion with a share of 17.7% from the Russian Federation which has been a premier international market for Turkish contractors for many years this is followed by Turkmenistan (17.0%), Iraq (9.8%) and Kazakhstan (8.9%).
As Turkey is also among the whole world top 12 producers of building materials such as cement, glass, steel and ceramic tiles. It not only supplies the construction and building services but has the supplies to economically transport to many of its international markets and projects.

In conclusion Turkey has a building and construction sector that is and has been a powerhouse in the past few times and with world events it seems that is set to persist in and develop

Is 2013 This Time The Ideal Time To Invest In Turkish Land

Turkey now has accomplished a period of strong government since the "Erdogan AKP" party government was chosen in 2002 The country has been in a solid period of societal and economic reform A strengthening of the banking system has resulted in an grown international bank community which in tango with the ruling party has been enacting more fiscally accountable systems This is evident in the private sector and by government paying down deficits which has shaped the enviroment of consistency and belief. This commenced and was accelerated during the boom At that moment in time there were a number other stars in the property market that have since faded. Reduced prospects of the areas that were once as attractive due to less challenging direction to EU accession and all the economic benefits and thus property market boosts that once went hand in hand.
That seems now to be historical past and many would assert that being tied to the EU is a bar now
So Now, the EU is a shadow of its former self and Turkey is quoted as one of the swiftest growing economies in the market. Other competitive destinations seem now to have costs due to the EU and recession, there are only a handful of destinations in Areas worth investing in and Turkey is certainly one of them.
It is in a step that still gives superior value for money with a young population that is aspirational and giving up the blessings of a powerful economy. Maybe it is wise to look at areas that do not have an oversupply but in the conurbations that have a supply lag and can generate higher rental yields. Such As Istanbul Izmir and other emerging cities that have large education and learning facilities.
In Turkish holidays the year 2008 hit 26 million visitors, up 3 million from 2007 and has risen each year on year, In the seven years 2002-2009 Turkish GDP growth averaged 6.17% per year. In these same time frames the Turkish government had been reducing public debt and bringing reduced and stabilizing inflation.
This growth is starting to give a different business market there has been recent plateaus but it has growth that is the envy of many other economies System spending makes specific area changes like new airports and roads.
In summation this may be the most advantageous year to invest. The prices in some areas are still influenced by world slowdown but in other areas fuelled by new cash rich investors such as Russians and Arabic states that find the Muslim based culture attractive.
The Turkish Property market still seems very viable maybe not so much in the old-school sense maybe it is best to look at the evolution of the country as a whole it has massive tourism attributes but that is not all and maybe if a collaboration of goals could be achieved with an investment that would represent a great gamble.