Economics
-
By 2023, 39 new shopping centers will have been launched in Turkey. This news has been announced by Doctor of Science, Professor Husein Altash, who heads the Association of Shopping Centers and Investors of Turkey (AYD). Now there are 436 shopping centers in the Republic, and by 2023 there will be 475 of them. The flow of investments in this area...
Read more -
The Turkish building materials market, the sector most affected by the pandemic, is recovering from the coronavirus pandemic. The Association of Turkish Building Materials Manufacturers (IMSAD) released industry data for July, showing that the impact of the pandemic continues to wane. The building materials market, which rebounded slightly in June...
Read more -
Large investment and construction companies in Turkey are increasingly moving to Europe. We have already talked about the fact that Turkish developers working abroad have to look for new markets today. The internal problems in Russia, the Middle East and North African countries, with which contractors from Turkey have worked so far, forced...
Read more -
Emlak Kulisi, a Turkey's real estate newspaper, listed the key problems the Turkish construction sector is experiencing now. Problem No. 1: industry cutdown In 2019, the construction industry of the Republic experienced a sharp decline (by 8.6 percent) due to the political situation. Construction expenses decreased (by 9.8 percent),...
Read more -
The Turkish Statistics Institute has published the report on the Consumer Confidence Index, an indicator designed to measure the degree of optimism of residents about the state of the economy (expressed in terms of consumption and savings). According to the published July 2020 data, the index of confidence in the construction industry in Turkey...
Read more