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Turkey: Five Largest Construction Projects Started in Q1 2022

  • With a project value of $550 million, the IMM – Ucyol-Buca Koop Light Rail – Turkey project was the largest construction project in Turkey, on which construction started in Q1 2022. The IMM – Ucyol-Buca Koop Light Rail – Turkey project is located in Izmir(CITY), Turkey and initially announced in Q3 2015 with an estimated completion in Q4 2025. The IBB – Kazlicesme - Sogutlucesme Metro Line – Turkey project was the second-largest project with a project value of $500 million, on which construction work started in Q1 2022. The IBB – Kazlicesme - Sogutlucesme Metro Line – Turkey project is located in Istanbul(CITY), Turkey and initially announced in Q4 2016 with an estimated completion in Q4 2024.

  • The MBB – Gari - Mezitli Metro – Turkey project was the third-largest project, the MoENR – Ankara Photovoltaic Industrial Park Phase II – Turkey was the fourth-largest project, and the BMM – Bursa Emek City Hospital Metro Line – Turkey was the fifth-largest project with a project value of $437 million, $400 million and $282 million respectively. The MBB – Gari - Mezitli Metro – Turkey project located in Turkey was announced in Q1 2018 with an estimated completion in Q1 2026, the MoENR – Ankara Photovoltaic Industrial Park Phase II – Turkey project located in Ankara(CITY), Turkey was announced in Q1 2019 with an estimated completion in Q4 2023 and the BMM – Bursa Emek City Hospital Metro Line – Turkey project located in Bursa(CITY), Turkey was announced in Q1 2019 with an estimated completion in Q3 2025.

  • Among the five largest projects, the MBB – Gari - Mezitli Metro – Turkey project is the longest in terms of completion date, with construction expected to be completed in Q1 2026. On the other hand, the MoENR – Ankara Photovoltaic Industrial Park Phase II – Turkey project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Turkey: Five Largest Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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