Latest Situation of the Construction Sector in Turkey

Bursa Grup İnşaat A.Ş. participated in the Economy First program broadcast on Everybody Duysun this week. Coordinator Mustafa Andıç is the guest.

Stating that labor costs prevent construction, Mustafa Andıç said: “We cannot find a master. Everyone has opened a university and everyone is trying to go to university. This country needs a master. There is a problem with this. That's why the cost of mastery is rising.” Said.

How do you evaluate the prices?

Stating that the prices are below inflation, Mustafa Andıç said, “We need to evaluate this with inflation. It is currently below inflation. I think this will continue for a while. We can say that these are not balloon prices. These inflations exist in every sector. We will be faced with supply not keeping up with demand. “On the one hand, we have to do urban transformation.” He used his expressions.

Stating that we are the 2nd country in the construction sector, Andıç said, “Turkey is very conscious about this issue and has a budget of over 20 billion per year. Dialogues between countries are very effective. Business may stop suddenly and workers may become unemployed, but these are things that can always happen. We do business all over the world. "We are in a very good place and we are developing and growing," he said.

HOW SHOULD URBAN TRANSFORMATION PROJECTS BE DONE?

Stating that labor costs prevent construction, Mustafa Andıç said: “We cannot find a master. Everyone has opened a university and everyone is trying to go to university. This country needs a master. There is a problem with this. That's why the cost of mastery is rising.” Said.

HOW DO YOU EVALUATE THE PRICES?

Stating that the prices are below inflation, Mustafa Andıç said, “We need to evaluate this with inflation. It is currently below inflation. I think this will continue for a while. We can say that these are not balloon prices. These inflations exist in every sector. We will be faced with supply not keeping up with demand. “On the one hand, we have to do urban transformation.” He used his expressions.

Stating that we are the 2nd country in the construction sector, Andıç said, “Turkey is very conscious about this issue and has a budget of over 20 billion per year. Dialogues between countries are very effective. Business may stop suddenly and workers may become unemployed, but these are things that can always happen. We do business all over the world. "We are in a very good place and we are developing and growing," he said.

HOW SHOULD URBAN TRANSFORMATION PROJECTS BE DONE?

Evaluating the urban transformation, Andıç said, “There was a complete fiasco throughout Türkiye. We could not achieve urban transformation. We made the habitable area uninhabitable, brought shops there, etc. etc. We were not successful because our infrastructure is not sufficient. Urban transformation is a matter of survival.” Said.

Stating that labor costs prevent construction, Mustafa Andıç said: “We cannot find a master. Everyone has opened a university and everyone is trying to go to university. This country needs a master. There is a problem with this. That's why the cost of mastery is rising.” Said.

HOW DO YOU EVALUATE THE PRICES?

Stating that the prices are below inflation, Mustafa Andıç said, “We need to evaluate this with inflation. It is currently below inflation. I think this will continue for a while. We can say that these are not balloon prices. These inflations exist in every sector. We will be faced with supply not keeping up with demand. “On the one hand, we have to do urban transformation.” He used his expressions.

Stating that we are the 2nd country in the construction sector, Andıç said, “Turkey is very conscious about this issue and has a budget of over 20 billion per year. Dialogues between countries are very effective. Business may stop suddenly and workers may become unemployed, but these are things that can always happen. We do business all over the world. "We are in a very good place and we are developing and growing," he said.

HOW SHOULD URBAN TRANSFORMATION PROJECTS BE DONE?

Evaluating the urban transformation, Andıç said, “There was a complete fiasco throughout Türkiye. We could not achieve urban transformation. We made the habitable area uninhabitable, brought shops there, etc. etc. We were not successful because our infrastructure is not sufficient. Urban transformation is a matter of survival.” said.