Record income in construction industry


According to information compiled from the balance of payment data of the Turkish Central Bank (TCMB), the construction service income, income obtained from contracting services performed abroad, in August was around $271 million (TL 607 million), a record in construction service income. The construction income obtained between January and August was also around $780 million, whereas this number was around $674 million last year. Since 2001, Turkey has been gaining around an average of $800 billion from contracting services performed abroad.The General Manager of TAV İnşaat, Ümit Kazak said that Turkish contractors have increased their share in the international market. He further noted that Turkish contractors will be leading players abroad and out of the first top 250 contractors that earn the highest turnover abroad; 43 of them are Turkish contractors making Turkey the second biggest player after China in the global market.