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Russia tops Turkish contractors projects
Turkish contractors assumed projects worth 81.7 billion USD overseas between the years 2003-2008.
Thursday, 25 December 2008 14:16

In the five years period, most of the construction projects took place in Russia with a total value of 15.9 billion USD.

Turkish contractors assumed projects worth 23.6 billion USD overseas in 2008.

According to the Turkish Undersecretariat of Foreign Trade, Turkish contractors assumed projects worth 3.6 billion USD in 2003, 6.5 billion USD in 2004, 9.8 billion USD in 2005, 15.9 billion USD in 2006, 19.5 billion USD in 2007 and 23.6 billion USD in 2008 overseas.

The top three countries where Turkish contractors assumed most of their overseas projects are Russia, Libya and Turkmenistan.

In the past five years, Ireland, Sudan, Bulgaria and Iran have become new markets for Turkish contractors.

Below is a table showing the values of projects assumed by Turkish contractors overseas in the 2003-2008 period:



COUNTRIES           TOTAL VALUE

     ---------               -----------

     Russia                   15.9 billion USD

     Libya                     9.1 billion USD

     Turkmenistan          8.2 billion USD

     Qatar                      5.7 billion USD

     UAE                       5.4 billion USD

     Kazakhstan             4.9 billion USD

     Iraq                        4.9 billion USD

     S. Arabia                 3.1 billion USD

     Romania                  3.0 billion USD

     Azerbaijan               2.4 billion USD

     Algeria                    2.0 billion USD

     Jordan                     1.9 billion USD

     Afghanistan              1.8 billion USD

     Ukraine                   1.5 billion USD

     Oman                      1.3 billion USD

     Ireland                     1.2 billion USD

     Morocco                 1.1 billion USD

     Sudan                     1.1 billion USD

     Bulgaria                  1.0 billion USD

     Georgia                  727.5 million USD

     Tunisia                    696.1 million USD

     Iran                        626.4 million USD

     Yemen                   463.5 million USD

     Macedonia             426.4 million USD

     Kuwait                   367.8 million USD

     Egypt                     343.0 million USD

     Pakistan                 342.7 million USD

     Albania                  289.0 million USD

     Tajikistan               254.8 million USD

     Other countries       1.5 billion USD

     TOTAL                 81.7 billion US


AA

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