Turkey ranks third in the world as it contains international contracting companies

Turkey is famous for its long history in the field of construction and architecture, and this is what attracts international contracting companies to work in this promising country, as it provides a distinct investment environment, supports innovation and technological progress, and provides great opportunities for growth and expansion in the construction sector, through this article, and we will learn about the creative and competitive strength of contracting companies in Turkey, and we explore how it can contribute to the development of the global construction industry and the realization of innovative and sustainable projects around the world.

Did Turkey rank third in the world by containing international contracting companies?

Turkey is ranked third in the world in the list of the 250 largest international contractors around the world for the year 2021 and 40 Turkish companies have been selected to be included in this list and this classification came in a statement issued by the Turkish Contractors Union, where the "Engineering News Record" magazine indicated that Turkey ranked third after China, which ranked first with 78 companies, and the United States, which ranked second with 41 companies.

Engineering News Record is an international magazine specializing in construction sector news and the aforementioned list ranks companies based on their revenues from operations outside their country.

The Turkish Confederation of Contractors explained that the magazine relied on evaluating the companies on the total revenues that the companies achieved from their work outside their countries during the previous year

Moreover, Turkey's share of the global market for construction companies reached 4.4%, equivalent to $18.3 billion, which made it occupy the eighth place in the ranking of countries according to the information of the Turkish Contractors Union.

Features of international contracting companies in Turkey

1. International contracting companies in Turkey have a long history and rich experience in the field of construction and engineering.
2. The latest technologies and tools are used in the construction work.
3. It is famous for providing high quality work that matches international standards.
4. You have the ability to successfully implement large and complex projects.
5. Turkey has a skilled and educated workforce in the field of construction and engineering.
6. Projects vary between residential, commercial, industrial and infrastructure projects.
7. Enjoy low operating costs compared to some other countries.
8. International construction companies in Turkey adhere to international standards and building regulations.
9. Turkey has rich and diverse natural resources, which support construction operations.
10. International contracting companies in Turkey have cooperated with international companies and institutions to expand their business.
11. Focuses on innovation, research and development to improve operations and adopt modern technology.
12. Characterized by the ability to adapt and deal with project changes and complete them in a short time.
13. The Turkish government provides strong support to the construction and contracting sector by providing incentives and facilities.
14. Focuses on building strong relationships with international clients and expanding the client network around the world.
15. International contracting companies in Turkey are distinguished by their adherence to the deadlines for the completion of projects.
16. It pays great attention to preserving the environment and implementing projects in environmentally friendly ways.
17. Provides comprehensive services including design, planning, supervision and implementation.
18. Adheres to the principles of transparency and integrity in all aspects of work.
19. International contracting companies are located in Turkey in several countries around the world, which makes them able to implement global projects.
20. It has a distinguished and recognized global reputation in the construction and contracting sector.

How to choose a contracting company in Turkey?

1. Research different contracting companies in Turkey and evaluate their reputation and previous work history and you can check out their websites, reviews, and recommendations.
2. Check the company's experience in the field of construction and contracting, check its previous projects and check whether it has the necessary competence and resources to successfully complete the projects.
3. Verify the company's license and professional certifications. Ensure that the company is registered, licensed, and adheres to technical standards and local and international laws.
4. Learn about the company's reputation and credibility in the market, read reviews and recommendations, and inquire about its overall performance and record in the field of construction.
5. Ensure a formal and comprehensive contract outlining all project details including specifications, schedule, and costs and check the contract carefully before signing it.
6. Consult experts in the real estate sector or hire legal advisors for advice and guidance before making a final decision on the contractor.
7. Verify the existence of general insurance for the project and check the guarantees provided by the company, including real estate guarantees and contractual guarantees.
8. Verify the efficiency and experience of the company's team, including engineers, supervisors, and technicians and ensure that the necessary human resources are available to complete the project.
9. Verify the company's ability to communicate and cooperate with you as a client and ensure that they listen to your needs and provide an appropriate solution and effective communication throughout all phases of the project.
10. Determine your available budget and check the company's availability to operate within that financial framework and clarify all expected costs and expenses and make sure they are in line with your budget.

Objectives of contracting companies in Turkey

1. It aims to implement various construction projects with professionalism and high quality and these projects include real estate construction, infrastructure, industrial and commercial projects, and government and public projects.
2. It seeks to provide integrated engineering solutions for construction projects and these solutions include engineering design, planning, project management, and technical consulting.
3. Contracting companies aim to innovate and use modern technology in construction operations and they aim to improve efficiency, quality and reduce costs by using the latest technologies and construction methods.
4. Focused on meeting customer needs and requirements and they strive to provide customized solutions tailored to the requirements of each construction project and to meet customer expectations.
5. It is concerned with quality and safety in all aspects of work, working with high standards to ensure the implementation of high quality projects and to maintain the safety of workers and customers.
6. Environmental sustainability is an important part of the objectives of construction companies in Turkey, they seek to provide environmentally friendly projects and achieve a balance between economic growth and environmental preservation.
7. It aims to promote international cooperation and participation in global construction projects and they are working to expand their scope of work and exchange knowledge and experience with other contracting companies worldwide.
8. Contribute to providing job opportunities for many workers and specialists in the construction sector, contributing to providing local job opportunities and supporting the local economy.
9. It aims to grow and expand its scope of work and increase its share in the local and international construction market.
10. Contracting companies in Turkey seek to achieve leadership and excellence in the construction sector by providing distinguished services and achieving the highest standards of quality and professionalism.

Common questions

What factors contributed to Turkey's success in attracting international contracting companies?

These factors include a distinct investment environment, advanced infrastructure, high competitiveness, advanced technology, and international cooperation.

What is the role of international contracting companies in Turkey?

International contracting companies play a major role in the development and implementation of infrastructure and construction projects in Turkey, including mega projects and urban transformations.

What are the main projects implemented by international contracting companies in Turkey?

Notable projects include major airports, hospitals, bridges and tunnels, industrial facilities, residential and commercial complexes, and tourism projects.

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