Turkey - The Second Largest Contractor in The World

Turkey - The Second Largest Contractor in The World

Turkey - The Second Largest Contractor in The World

The number of Turkish contractors on the list of the top 250 international contractors increased from 40 in 2015 to 46 in 2016. Turkey ranked second on the list, while China maintained the lead as the 65th largest international contractor, followed by the United States The third with 43 companies.

The total revenues achieved by the Turkish construction companies from projects carried out outside the country last year about 25.6 billion dollars.

Among the leading Turkish construction companies, Öztürk, Rönesans, Polimeks and Enka ranked first.

Recently, fluctuations in the global economic environment have affected the international construction industry. While the international contracting market has fallen by 14 percent over the past three years, the performance of Turkish contractors abroad has risen. Turkish companies have risen to the top 250 international contractors, and Turkish companies' market share has risen.

The total market share of listed Turkish companies was about 3.8 percent for 2013, 4.3 percent for 2014, 4.6 percent for 2015 and 5.5 percent for 2016. While the share of Turkish contractors fell somewhat in Europe, It rose in the Middle East from 7.9 percent to 9.1 percent, in Asia from 5.5 percent to 7 percent, and in Africa from 4.7 percent to 5.1 percent.