According to En24News, recently, Turkey's Minister of Trade Ruhsar Pekcan stated at an event organized by the Turkish Contractors Association (TMB / TCA): Turkish contractors successfully ranked second in the "2020 Global Top 250 Contractors" list compiled by the international construction magazine Engineering News-Record (ENR), only behind China!
ENR's list is recognized in the international engineering community as a comprehensive reflection of the annual development status of the international engineering market, possessing high authority and wide influence, comparable to the "Fortune Global 500" ranking in the engineering field. This list ranks companies based on their project contracting revenue outside their home country, measuring their position in WorldWay. In fact, since 2017, Turkey has maintained its excellent performance, ranking in the top 2 of this list.
Ruhsar Pekcan particularly pointed out: "According to ENR data, among the 2020 Global Top 250 Contractors, Turkey has 44 companies on the list, accounting for almost one-fifth. Despite a 3% decline in global contractor revenue due to the pandemic, Turkish companies' revenue remained unaffected, ranking in the top ten for total revenue! So far, Turkish contractors have undertaken 10,274 projects in 127 countries, valued at $407 billion! In 2019, Turkey undertook $19 billion in international contracting projects, with a target of reaching $20 billion or more in 2020."
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"Infrastructure Crazy" Turkey, the construction industry has become a new investment direction for international investors
Turkey is known as the "Infrastructure Crazy" country, having invested up to hundreds of billions of dollars in infrastructure over the past few years. In recent years, Turkey has led the world in infrastructure, ranking high among the super projects currently under construction globally, including the Istanbul New Airport, with future super projects including the Istanbul Tunnel and the Istanbul New Canal.
According to data released by the World Bank on private capital participation in infrastructure investment, investment commitments from China, Brazil, and India are gradually decreasing, while Turkey has become the new favorite! Nearly 50% of Turkey's infrastructure projects are financed through public-private partnerships, with significant funding coming from foreign institutions. Additionally, the rapid population growth in Turkey's major cities and the advancement of urbanization have greatly increased the volume of urban renovation and housing renovation projects, making the construction industry a new investment direction for international investors.
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As a rapidly growing economy globally, Turkey's real estate market presents significant opportunities
As an emerging economy in the G20 group, Turkey's economy has steadily grown over the past 14 years and has been included in the "Next Eleven" by international investment banks such as Goldman Sachs! In the rapid development of Turkey's economy, the real estate sector has maintained a strong growth momentum, attracting an increasing number of enterprises and individual investors from various countries who are keen on Turkey's investment environment! According to data from the Turkish Ministry of Trade, as of now, the number of companies with international capital in Turkey has reached 58,400, and this number continues to grow. Turkey has attracted investments from numerous European and American companies such as Coca-Cola, Bosch, Microsoft, Nestlé, Unilever, as well as many Chinese companies including Huawei, Alibaba, Industrial and Commercial Bank of China, CRRC, and Sinopec!
Turkey is currently a major geographical, demographic, and economic power in Eurasia among countries offering investment citizenship programs, and it is also a major country with open and low-cost investment citizenship programs among G20 nations! The launch of Turkey's investment citizenship program provides global investors with an excellent opportunity for immigration investment and creating overseas homes! For high-net-worth individuals looking to achieve overseas asset allocation, the current favorable factors such as the relaxation of Turkey's property purchase immigration policy and monetary easing present a good opportunity to enter the Turkish market!
Currently, investors can obtain potential additional value through the Turkish property purchase program while acquiring real estate—Turkey is a candidate country for the European Union, and once it successfully joins the EU, Turkish real estate will upgrade to EU country real estate! With the strong momentum of Turkey's economic growth, entering the Turkish real estate market now means promising returns in the future! Additionally, after obtaining a Turkish passport, investors can settle in the UK through the "UK Turkish Businessperson Visa" and use the "US E-2 Visa" as a springboard to the United States, achieving multiple benefits!
The WorldWay Group, ranked among the top 500 Asian brands, is one of the early immigration agencies promoting European property purchase immigration projects. With a forward-looking vision, it collaborates with powerful Turkish developers to introduce multiple high-quality Turkish real estate projects such as Pasha Apartments, Nord Garden, Shangdu Mansion, Yidu Mansion, Four Seasons Huating, Yuhai Mingdi, and Wanghai Yunting to investors, which are currently among the most popular projects on the market! With 7 hot properties and over a thousand quality housing options, prices start as low as $1,400 per square meter, with ready-to-move-in properties in the European region, suitable for both investment and self-occupation... Various needs, choose as you wish! Starting from $250,000 for property purchases, the whole family can apply for Turkish passports, opening a fast track to immigration to the UK!
2020 is the year of health planning, health planning, identity first! For details on the Turkish investment citizenship program, please consult the WorldWay Group service hotline: Mainland China: 400-138-2929 Hong Kong, China: (852)2802 8798
*The above information is for reference only and should not be used as an investment basis. Property images are for reference, subject to actual delivery. Investment carries risks; please choose carefully.*