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Turkish contractors undertook $19.7 billion in overseas projects in 2025, marking the lowest annual total since 2020, according to a January report by the Turkish Contractors Association (TCA).
The report stated that the total volume, covering 269 projects, is well below the $30.3 billion reached in 2024, representing the fourth year since 2010 that annual overseas contracting volume has fallen below the $20 billion threshold.
The association cited the ongoing wars and intensifying geopolitical tensions as primary reasons for the decline in new international project awards.
Despite the overall downturn, Turkish construction companies expanded their presence in Eastern Europe. Romania emerged as the largest recipient of Turkish contracting services in 2025, with projects worth $4.2 billion. Iraq followed with $3.3 billion, while Turkmenistan and Poland accounted for $2.2 billion and $2.1 billion, respectively.
The rise of Eastern European countries in the top 10 list reflects a geographic shift in Türkiye’s construction exports. Nevertheless, when looking at cumulative data, Russia, Turkmenistan, and Iraq continue to rank as the top three destinations for Turkish contractors.
As of the end of 2025, Turkish companies had completed a total of 12,816 projects abroad, reaching a combined value of $557.3 billion since the sector’s international expansion began in 1972 with projects in Libya.
The number of countries where Turkish contractors have operated rose to 138 with the addition of Togo.
Türkiye also retained its position as the world’s second-largest international contractor after China, with 45 firms listed in the Engineering News-Record (ENR) Top 250 International Contractors ranking for 2025.
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