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Turkey Multi-Sector Trends 2010

yStats.com GmbH & Co. KG, Sep 2010, Pages: 158


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AUTOMOTIVE

- The outlook for the Turkish automotive industry is expected to remain bright, due to a more than 40% increase in domestic demand between 2009 and 2014.

- The total production value of cars manufactured in Turkey is expected to reach USD 22 billion by 2014.

CLOTHING

- The Turkish ready-to-wear industry plans to reach an export value of USD 60 billion by 2023.

CONSTRUCTION

- The Turkish construction industry is expected to recover in 2010 (+1.9%) and grow at over an annual rate of more than +4% between 2011 and 2013.
- Regardless of the global credit crunch, Turkish demand for housing units is calculated between 900 thousand and 1 million per year until 2015.

HOTEL

- The Turkish tourism and travel industry is expected to contribute USD 27 billion directly to GDP in 2009 and rising to USD 50 billion by 2019.
- By the year 2015, it is expected that the total number of accommodation establishments in Turkey will reach approximately 3,500 with 370,000 rooms.

TELECOMMUNICATION

- Turkey’s Information and Communication Technologies (ICT) market is estimated to reach around USD 26 billion in 2010.

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