Skip to content

Turkey’s construction sector is growing five months in a row in spite of coronavirus


Turkey’s construction and actual property sector has been on the rise for six months. In line with the Concrete Producers Affiliation (TRMCA). The sector efficiency report for 2020 reveals a five-month progress (June to October). Subsequently, market consultants predict that the sector will finish this difficult 12 months in constructive territory. Regardless of the financial difficulties brought on by the coronavirus pandemic.


Yavuz Işık, Chairman of the Concrete Producers Affiliation: “The rise in mortgage charges, the slowdown in lending, the decline in demand, the upcoming occasions in relations between Turkey and the US after the American elections, potential measures to fight the pandemic – all this instantly or not directly impacts the present state of the development trade in Turkey. Nevertheless, the October stats from the Prepared-mix Concrete construction Index present that the development sector will do properly this 12 months, regardless of all of the financial difficulties.”



Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Share on print
Share on telegram


Popular Posts

Demand for houses with balconies and a garden in Turkey increased by 233 percent

  The coronavirus pandemic continues to have an effect on the preferences of property consumers in Turkey. In the present day, the best demand is
Read More

Over 60,000 real estate agencies work legally in Turkey

  Turkish Commerce Minister Rushar Pekcan said that with the adjustments within the guidelines of actual property commerce. Solely licensed brokers and businesses can be
Read More

Turkey’s provinces with lowest growth rate of real estate prices revealed

  Over the previous six months of the mortgage increase and the associated rise in property gross sales in Turkey, housing costs in some provinces
Read More

Last Properties


Please complete the form below to get in touch with the team. We will never share your details with anyone else.

What Happens Next ?

  • As soon as we receive your inquiry, we will assign it to our property expert.

  • Our expert will contact you shortly to give you all the information you need.

  • We will also send you the FREE buying Guide as a Thank you!