The "Overseas Contracting Services Awards Ceremony", organized by the Turkish Contractors Association (TMB) with the participation of President Recep Tayyip Erdoğan, was held at an important hotel in Ankara. This event was organized to reward the companies included in the "World's Top 250 International Contractors" list published annually by ENR magazine, which is known in the international construction industry.
In his speech at the ceremony, Minister Bolat emphasized that contracting and technical consultancy services abroad reveal Turkey's strategic position and economic potential. He pointed out that the technology and knowledge transfer provided by the sector increases the country's infrastructure and construction competence and brings foreign currency to the local economy. Bolat stated that the achievements of Turkish companies in international projects have contributed to Turkey's economic growth and diplomatic relations.
Stating that Turkey ranks second after China in the number of contracting companies in the 2024 list of ENR Magazine, Bolat said that it ranks eighth according to international revenues. He emphasized that as of September, the project size of the overseas contracting sector reached 515 billion dollars. The information that 12,277 Turkish contracting projects are carried out in 137 countries offers an exciting opportunity for investors.
Bolat stated that Turkish consultants have won projects worth $3.3 billion in 138 different countries and have an average annual income of $200 million. He highlighted the opportunities offered to the sector by the projects within the framework of Saudi Arabia's Vision 2030.
Erdal Eren, President of the Turkish Contractors Association (TMB), also spoke at the ceremony. Eren explained that despite the difficult conditions of the past year, Turkey mobilized its domestic power for the reconstruction of the earthquake zones. "We are ready for any task for urban transformation," Eren said, underlining Turkey's goal of becoming a brand in the international arena.
For investors, it is important to note that Turkish companies are not only contractors abroad, but also investors and operators. Eren emphasized that the export of construction materials has increased with the contribution of technical consultancy firms in international projects.
The ceremony ended with the presentation of awards to the representatives of the companies included in the "World's Top 250 International Contractors" and "World's Top 225 International Technical Consultants" lists. These awards reinforce Turkey's influence and success in the global construction market.
Source: Ministry of Commerce, ticaret.gov.tr
You may be interested in
New projects
Most recently launched projects to explore.
