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Turkish construction companies have secured a total of 81 overseas contracts worth $5.04 billion during the January–May period of 2025, according to data released by Türkiye’s Trade Ministry.
The sector witnessed a notable slowdown in May, with only 22 new contracts signed. This marked a sharp drop from April, when Turkish contractors undertook 59 new projects worth approximately $4.1 billion. While overall performance in the first five months shows a moderate pace, the ministry noted that contracting activity tends to accelerate later in the year, with revised totals typically reported after midyear.
According to business-focused ekonomigazetesi.com, comparing year-over-year data, the number of overseas projects undertaken rose from 72 in the first five months of 2024 to 81 in the same period of 2025. However, the total value of contracts declined from $5.7 billion to $5.04 billion. Despite the fall in value, the figures underscore the sector’s resilience in sustaining demand for Turkish construction expertise abroad.
By the end of 2024, Turkish companies had completed 371 overseas projects totaling $30.2 billion. The long-term cumulative total since 1972 now stands at 12,613 projects with a combined value of $542.33 billion.
In recent months, Turkish contractors have intensified their efforts in neighboring countries, particularly Syria. The Ministry of Trade also reported growing interest in tripartite cooperation models, where Türkiye partners with other nations to develop projects in third countries—especially across Africa.
The ministry highlighted ongoing collaborations with regional governments and international financiers to expand Türkiye’s footprint in emerging markets, while also pointing to the adverse impact of the Russia–Ukraine conflict on certain regional activities.
Projects in 2025 have continued to focus heavily on infrastructure and housing. Key undertakings include highways, tunnels, and bridges, along with residential developments. In addition, Turkish contractors are involved in energy plants, railways, commercial buildings, airports, factories, and petrochemical facilities.
The most active markets for Turkish contractors during 2024 included traditional partners such as the United Arab Emirates and Saudi Arabia, along with growing engagements in African countries like Uganda, Gabon, and Algeria. The sector also made inroads in European markets, with new projects secured in Poland and Romania.
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