The Turkish contracting sector implements foreign projects

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The value of projects undertaken by the Turkish contracting sector outside the country during the first seven months of this year amounted to 8 billion and 933 million dollars.

According to data from the Turkish Ministry of Trade, the contracting sector undertook 120 projects outside the country during the first seven months of 2023.

It showed that the Turkish contracting sector undertook 11,768 projects in 134 countries, at a value of $482 billion, from 1972 until the end of last July.

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During the aforementioned years, Russia ranked first in the number of projects undertaken by Turkish contracting companies outside the country, followed by Turkmenistan, Iraq, Libya and Kazakhstan.

Russia’s share of the total projects amounted to 20.3 percent with a value of $97.9 billion, Turkmenistan 10.6 percent with a value of $50.8 billion, and Iraq 6.9 percent with a value of $33.2 billion.