'Turkey Expects Contracting Projects Abroad Over $15B'
Since 1972 Turkish contracting sector did over 10,500 projects worth $418.7B in 128 different countries, says trade minister. Turkey this year expects the value of its contracting projects abroad to top $15 billion, despite the pandemic, the trade minister said on Tuesday.
"The project value of work undertaken by Turkish contracting companies [abroad] in 2020 reached $14.4 billion," Ruhsar Pekcan told a meeting organized by the Turkish Contractors Association in the capital Ankara.
Since 1972, when data collection began, Turkey's contracting sector has carried out over 10,500 projects in 128 different countries worth $418.7 billion, Pekcan noted.
The value of work done abroad by Turkish contractors in the three decades from 1972 to 2002 totaled some $50 billion, while since 2002 – under the rule of the Justice and Development (AK) Party – the figure topped $369 billion, he stressed.