The Turkish construction industry is expected to grow by 5.5% in real terms in 2026, supported by an increase in infrastructure activity, and energy infrastructure, coupled with the government allocation under the 2026 Budget. Türkiye is set to accelerate wind energy development in 2026, targeting around TRY126.1 billion ($2.5 billion) in investments and the installation of up to 2.5GW of new wind power capacity by 2035, as announced by the government in June 2026. During the first quarter of 2026 alone, the sector attracted TRY15.1 billion-TRY17.6 billion ($300-350 million) in investments and added more than 300MW of new capacity. Türkiye’s installed wind power capacity reached 15GW by March 2026, representing about 12% of the country’s total 125GW electricity capacity. Together with 26.5 GW of solar power, renewable energy sources account for 62% of installed capacity. Total solar and wind capacity reached 40 GW during the first quarter of 2026. The sector expects annual wind power installations to reach 4-5GW by 2028-2029, with ambitions to scale up to 7GW per year by 2035, if financing, industrial capacity, and investor interest remain strong.
The analyst expects the construction industry in Turkiye to register an average annual growth of 3.7% from 2027 to 2030, supported by investments in the transport and energy infrastructure projects. Among the recent developments, in June 2026, Transport and Infrastructure Minister Abdulkadir Uraloğlu announced that Türkiye aims to expand its railway network from 14,000km in 2024 to 28,500km by 2035, more than doubling the country’s rail infrastructure. The minister stated that 4,150km of railway lines are currently under construction as of June 2026, with 3,000km expected to be completed and opened to service by 2028. The government also revealed in June 2026 that ongoing projects will increase the number of cities directly connected by high-speed rail to 27 by 2035 from 20 in 2025, while supporting a broader shift away from road transport, which currently accounts for around 91% of both freight and passenger transportation.
The analyst expects the construction industry in Turkiye to register an average annual growth of 3.7% from 2027 to 2030, supported by investments in the transport and energy infrastructure projects. Among the recent developments, in June 2026, Transport and Infrastructure Minister Abdulkadir Uraloğlu announced that Türkiye aims to expand its railway network from 14,000km in 2024 to 28,500km by 2035, more than doubling the country’s rail infrastructure. The minister stated that 4,150km of railway lines are currently under construction as of June 2026, with 3,000km expected to be completed and opened to service by 2028. The government also revealed in June 2026 that ongoing projects will increase the number of cities directly connected by high-speed rail to 27 by 2035 from 20 in 2025, while supporting a broader shift away from road transport, which currently accounts for around 91% of both freight and passenger transportation.
The Construction in Turkiye - Key Trends and Opportunities to 2030 (Q2 2026) report provides detailed market analysis, information, and insights into the Turkish construction industry, including:
- The Turkish construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Turkish construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Turkiye. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Turkiye, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
