Following the release of growth data for the October–December 2025 period and the full year by the Turkish Statistical Institute (TURKSTAT), sectoral performance figures have become clear. Commenting on TURKSTAT’s 2025 growth results, M. Erdal Eren, President of the Turkish Contractors Association (TMB), said: “Despite global uncertainties and the economic impacts of geopolitical risks in 2025, our construction sector recorded a growth rate of 10.8%. Although a certain loss of momentum was observed on a quarterly basis in the fourth quarter due to seasonal and financial conditions, annual performance remained strong. This performance has once again demonstrated the contribution of investments and ongoing projects in the sector to overall economic growth.”
In his written assessment of the 2025 growth figures, M. Erdal Eren, President of the Turkish Contractors Association (TMB), stated:
“Despite global uncertainties and the economic impacts of geopolitical risks in 2025, our construction sector recorded a growth rate of 10.8%. Although a certain loss of momentum was observed on a quarterly basis in the fourth quarter due to seasonal and financial conditions, annual performance remained strong. This performance has once again demonstrated the contribution of investments and ongoing projects in the sector to overall economic growth. Our sector’s performance, which has continued uninterrupted growth above the economy, was supported by reconstruction efforts in the earthquake region, urban transformation projects, and ongoing works. Priority infrastructure projects and urban transformation initiatives continue as strategically important investments despite economic fluctuations, creating a steady volume of work for the sector. Rapid and safe housing production in disaster-prone regions contributes to the economy while also meeting social needs. As the pace of increase in construction costs slows, alongside expectations for interest rate cuts and improvements in credit conditions, housing demand may rise further in the coming period and provide additional support to the sector’s growth. As the locomotive of the economy, our construction sector also directly impacts more than 200 sub-sectors, from iron and steel to cement, from machinery and equipment to logistics, creating a multiplier effect across the economy. The 2025 data proves that our sector has maintained its strong and resilient structure even under the most challenging conditions, once again highlighting its strategic role in the Turkish economy. However, alongside the potential impacts of negative political developments in our region on our economy and costs, the sector’s production being largely dependent on public projects and private sector investments not increasing at the same pace should be carefully considered as one of the most important obstacles to maintaining our sector’s growth momentum in 2026. Strengthening access to financing, cost balance, and the investment environment is of critical importance for sustainable growth.”