Market Research Report - 240899
Construction in Turkey - Key Trends and Opportunities to 2019
|Published||Content info||78 Pages|
|Construction in Turkey - Key Trends and Opportunities to 2019|
|Published: November 30, 2015||Content info: 78 Pages||
The Turkish construction industry will continue to expand in real terms over the forecast period (2015-2019), with investment in infrastructure construction, healthcare, industry, education facilities and housing projects continuing to drive growth. Growth will also be driven by the country's Vision 2023, under which the government aims to develop the country's road, rail, airport and other related infrastructure.
In real terms, the industry's output value rose at a compound annual growth rate (CAGR) of 6.42% during the review period (2010-2014), although this is forecast to decelerate to 4.90% over the forecast period, due to the rising mortgage interest rate and economic slowdown.
The government is focusing more on high-speed railways and highway construction, as robust and modern transport is vital for the growth and competitiveness of the economy.
Government efforts to reduce the infrastructure gap through urban transformation will also support the growth of the industry over the forecast period.
Timetric's Construction in Turkey - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Turkish construction industry including:
This report provides a comprehensive analysis of the construction industry in Turkey It provides: