Core Insights - The report from the Turkish Contractors Association indicates that the total value of overseas projects for Turkish contractors in 2025 is projected to be $19.7 billion, marking a significant decline and the lowest annual level since 2020 [1] - The number of projects undertaken by Turkish contractors abroad in 2025 is 269, which is notably lower than the $30.3 billion in contracts in 2024 [1] - The decline in new international project awards is primarily attributed to ongoing regional conflicts and escalating geopolitical tensions [1] Regional Market Dynamics - Despite the overall decline, Turkish construction firms have strengthened their presence in the Eastern European market, with Romania emerging as the largest overseas market for Turkish contractors in 2025, totaling $4.2 billion in projects [1] - Iraq ranks second with a project total of $3.3 billion [1] - The rise of Eastern European countries in the Turkish overseas engineering market reflects a structural adjustment in the export of Turkish construction services [1] Historical Context - Since the first overseas project in Libya in 1972, Turkish contractors have completed 12,816 projects in 138 countries and regions by the end of 2025, with a cumulative contract value of $557.3 billion [1]
【环球财经】土耳其承包商2025年海外工程额降至近五年低点
Xin Hua Cai Jing·2026-02-04 13:03