News and articles
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The banking "wing" of the Istanbul Financial Center officially opened yesterday, April 17, 2023. The ceremony was attended by key players of the business world and the banking sector. Recall that the Istanbul Financial Center is a new huge business complex in the largest metropolis of Turkey: office space alone occupies 1.3 million square...
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The Minister of Environment, Urbanization and Climate Change Murat Kurum said that contractors have already begun the construction of about a tenth of the village (intended for rural areas) houses that will be built on the territory affected by the tremors: 13,400 units out of the planned 143,000. The projects of these village houses...
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The first Turkish car charging service provider Eşarj will build 1,000 charging stations in the country by the end of 2023. Eşarj will direct more than 90% of the newly received investments to fast charging points, which it will place in absolutely every province: at least one "point" in any of the 81 provinces, depending on their size and...
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Minister of Transport and Infrastructure Adil Karaismayiloglu recently clarified information on the Basaksehir-Kayashehir metro line under construction, the opening of which is eagerly awaited by residents of several Istanbul districts at once. There will be four stations on this line with a total length of 6.2 km: Onurkent, City Hospital,...
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In January-March 2023, the Turkish contracting sector carried out works outside the country totaling $4.1 billion. Having managed to implement a total of 52 projects on the territory of other states in the first quarter of the year. To clarify, over the past 50 years - the period when statistics on this issue are being kept - local...
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A selection of the most relevant news of the real estate market of the Republic of Turkey is in our traditional digest for the week. The provinces that were leading in terms of transactions in March became known. Istanbul and its susceptibility to tremors also remain in the focus of attention: given the overpopulation of the metropolis, it...
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Transportation between Antalya and Mersin is simplified thanks to the improvement of the road infrastructure: on April 27, the last three tunnels and two viaducts on the section between Mersin and Aydincik will be put into operation. Thus, the coastal highway connecting Mersin and Anamur will be fully completed. Recall that as part of the...
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Turkish media published a basic report of analysts on real estate sales in March 2023. In total, during March, 277,496 real estate objects in 81 provinces were purchased and sold in Turkey, totaling 5.2 billion Turkish liras (5,221,277,948 TL). Let's clarify that we are talking about real estate of various types -...
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The European Bank for Reconstruction and Development (EBRD) has officially announced that it will provide Fraport TAV Antalya Investment, Construction and Operations (FTA) with financing in the amount of 140 million euros for investments in the airport in Antalya. This amount will make it possible to complete the construction of a new...
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For the Akkuyu NPP, being built near Mersin, a kind of "countdown" has begun: the date of commissioning of the first power unit has been announced. Akkuyu NPP is of great importance for the region and for the country as a whole: after all, it is the first nuclear power plant in the Republic of Turkey. It should be recalled that...
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