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Turkey's construction industry is a significant contributor to the nation's economy, accounting for approximately 4% of GDP. The sector is driven by factors such as rapid urbanization, rising disposable incomes, and government infrastructure investments. The Turkish building market is projected to grow at a CAGR of over 4% during the forecast period of 2023-2028.
Turkey Building Government Procurement
The Turkish government plays a major role in the construction industry, with procurement spending reaching approximately $41.5 billion in 2022. Government procurement encompasses a wide range of projects, including infrastructure development, housing, healthcare facilities, and education institutions.
Turkey's construction boom is attracting big tenders, with building materials like steel bars, cement, and prefabricated panels topping the list. Millions of tons of steel are being snapped up for projects like bridges and high-rises, while cement production is expected to soar past 100 million tons this year. Even prefabricated walls and floors are getting a boost, as developers seek faster and more efficient construction methods.
The primary authorities responsible for building procurement in Turkey include:
Ministry of Transport and Infrastructure (MТИ)
Ministry of Environment and Urbanization (Çevre ve Şehircilik Bakanlığı)
Ministry of National Defense (Millî Savunma Bakanlığı)
Ministry of Health (Sağlık Bakanlığı)
Ministry of Education (Millî Eğitim Bakanlığı)
Leading companies involved in government building procurement projects in Turkey include:
Limak Holding
Rönesans Holding
Kolin İnşaat
Doğuş Holding
Yaşar Holding.
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