The turnover in the Construction of Roads and Railways Sector in Turkey stood at 144.78 Billion New Turkish Liras in 2023. From 2024 to 2028, the forecasted turnover shows consistent growth, with values projected to rise from 153.16 Billion in 2024 to 189.24 Billion in 2028. Year-over-year variations indicate solid growth in the sector: 5.92% from 2024 to 2025, 5.59% from 2025 to 2026, 5.24% from 2026 to 2027, and 4.93% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years would be 5.75%.
Future trends to watch for include the impact of new governmental infrastructure projects, advancements in construction technology, economic stability, and potential foreign investments. Monitoring these indicators will be essential for anticipating shifts in sector performance and making informed strategic decisions.
