Turkey has a rapidly growing and developing infrastructure sector, with significant opportunities for foreign companies to get involved in a range of projects. Some of the key areas of opportunity for foreign infrastructure companies in Turkey include:
Transportation infrastructure: Turkey is investing heavily in the development of its transportation infrastructure, including highways, railways, and airports. There are numerous opportunities for foreign companies to participate in the design, construction, and maintenance of these projects.
Energy infrastructure: Turkey is investing heavily in its energy infrastructure, particularly in renewable energy projects such as wind and solar power. Foreign companies with expertise in these areas can find significant opportunities to get involved in the design, construction, and operation of these projects.
Water infrastructure: Turkey faces significant challenges in managing its water resources, particularly in regions that are prone to drought and water scarcity. There is a growing need for investment in water infrastructure projects, including dams, irrigation systems, and wastewater treatment facilities.
Urban infrastructure: Turkey’s growing population and urbanization rate are driving demand for new and improved urban infrastructure, including housing, public transportation, and social infrastructure such as schools and hospitals. Foreign companies with expertise in these areas can find opportunities to get involved in public-private partnerships and other projects.
In conclusion, Turkey offers significant opportunities for foreign infrastructure companies looking to expand their business in a dynamic and rapidly growing market. The country’s strong economic fundamentals, strategic location, and supportive regulatory environment make it an attractive destination for foreign investment. However, navigating the complex regulatory landscape, building relationships with local stakeholders, and understanding the
local business environment can be challenging for companies that are new to the market. Working with an experienced local business consultant is therefore an effective way for foreign infrastructure companies to overcome these challenges and ensure that their projects are completed on time and within budget.
You can count on us to gain a deeper understanding of the local market, navigate the complex processes involved in infrastructure projects in Turkey, get the necessary support with permits and approvals, as well as with legal and contractual issues. At Turkinvest, we can also help you build relationships and trust with key stakeholders in the Turkish infrastructure market, including government officials, local businesses, and community organizations to help you achieve long-term success in Turkey.
If you are interested in exploring opportunities in Turkey’s infrastructure sector, do not hesitate to contact us. We would be happy to discuss your specific needs and provide you with more information about how we can assist you in this dynamic market.