CONSTRUCTION INDUSTRY AND ECONOMIC GROWTH IN THE REPUBLIC OF TURKEY

Abstract

This article consist construction industry in Turkish Republic in various perspectives. First of all we will indicate about the history of the construction industry in Turkey and how an infant industry became World's second largest construction sector. We will mention their footsteps, obstacles, government supports and government relationships between the construction companies. We will also examine the business model agreement used by Turkish Government at inland constructions we will discuss positive and negative outcomes of this model. We will also comment the consequences of the strategic decision done by Turkish Government by choosing construction industry as a locomotive industry for economic and industrial growth. Finally we will argue efficiently of construction industry for sustainable economic growth and sustainable economic development.

Keywords

• Turkish Republic; construction industry; government; business model