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A Turkish contractors' delegation has traveled to Portugal to negotiate participation in the country’s €100 billion ($115.8 billion) infrastructure and superstructure investment program planned over the next five years, the Turkish Contractors’ Association (TMB) announced on Monday.
The visit, organized in collaboration with Türkiye’s Trade Ministry, will continue until Thursday and includes meetings in Lisbon and Porto with the Portuguese Infrastructure and Housing Ministry, the Trade and Investment Agency, and other public institutions.
Portugal plans to allocate around $52.1 billion of the total investment to infrastructure, while the rest will be directed toward housing, transportation, energy, and urban development projects under public-private partnerships.
Turkish contractors are expected to hold bilateral meetings with Portuguese companies to explore cooperation and joint project opportunities during the visit.
TMB President Erdal Eren said the initiative could open a new door for Turkish construction firms in Europe, emphasizing their extensive international experience.
He noted that Turkish contractors have undertaken more than 12,000 projects worth $546.5 billion in 137 countries to date, including 1,649 projects valued at $55.4 billion in Europe alone.
Erdal Eren highlighted that Turkish firms entered the Portuguese market for the first time in 2024, completing two projects worth $71 million so far.
He added that cooperation potential between the two countries was "far greater" than current figures suggest, stressing Turkish companies’ ability to deliver competitive and sustainable solutions in European Union member states like Portugal.
"We aim for Turkish contractors to play an active role in Portugal and the Community of Portuguese Language Countries in the coming period, and we believe this visit will lay the foundation for long-term partnerships," Eren said.
Turkish contractors ranked second globally in the 2025 Engineering News-Record (ENR) list, with a total overseas project value of $20.8 billion—behind China’s $127.4 billion.
According to Türkiye’s Trade Ministry, Turkish firms undertook 93 overseas projects worth $6.2 billion in the first half of 2025 alone, with the United Arab Emirates accounting for $6 billion of the total.
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