Skip to main content

Turkey has seen a rise in construction and the building construction cost index

Published by , Editor - Hydrocarbon Engineering
World Cement,


Building construction cost index

The building construction cost index in Turkey increased by 1.2% compared with 3Q13, by 7.2% compared with 4Q12 and by 5.1% compared with the four-quarter average in 4Q13.

In 4Q13, labour index increased by 1.3% and material index increased by 1.1% compared with 3Q13. The quarter also saw a 7.3% y/y increase in labour index and a 7.1% y/y increase in material index compared to 4Q12.

Turnover in construction sector

In 3Q13, turnover in the country’s construction industry increased by 4.6% compared with 2Q13 and 16.4% compared with 3Q12.

Production in construction sector

Production in the construction sector increased by 1.9% in 3Q13 compared with 2Q13 and by 8.2% compared with 3Q12.

Adapted from press release by Rosalie Starling

Read the article online at: https://www.worldcement.com/europe-cis/22012014/turkey_has_seen_a_rise_in_construction_and_the_building_construction_cost_index_630/

You might also like

The World Cement Podcast - CleanTech & Venture Capital

Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.

Tune in to the World Cement Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

Embed article link: (copy the HTML code below):