Turkish development corporations undertook $7.6 billion (TL 247.5 billion) price of tasks overseas this January-June, in accordance with an evaluation of Trade Ministry knowledge by Anadolu Agency (AA) on Wednesday.
Despite daunting components comparable to world financial issues, the pandemic outbreak, and the Russia-Ukraine battle, Turkish contractors managed to extend the typical challenge worth to $65 million final 12 months, the report mentioned.
The common challenge worth, compared, was recorded at $39.4 million in 2022, in accordance with the information.
Moreover, the typical challenge worth confirmed outstanding progress and climbed to $92.3 million this January-June. The variety of tasks undertaken overseas stood at 82 within the said interval.
The Turkish contracting sector has additionally accomplished 12,207 tasks with a funds of $511 billion in 137 international locations over the past 52 years since 1972, the information confirmed.
Looking on the project-based percentages in all of the tasks undertaken by Turkish contractors till now, street investments constituted the biggest share, with 13.9%, whereas airport investments represented the smallest share, with 6.5%.
Russia ranked first within the distribution of tasks by nation, with a 20% share price $102.3 billion, in accordance with the information.
Turkmenistan adopted Russia with a share of 10.5%, with the quantity of tasks undertaken at $53.4 billion. Iraq ranked third with a share of 6.8% or $34.7 billion price of tasks. These international locations had been adopted by Libya, with tasks undertaken at $30.9 billion and Kazakhstan, with $29 billion.
Moreover, Engineering News-Record (ENR) journal’s annual record of the world’s 250 largest contracting companies for 2023 included 40 Turkish corporations.
Accordingly, Türkiye ranked second on the record after China when it comes to the variety of corporations.
Source: www.dailysabah.com