Released by KPMG in Turkey "by the Construction Sector Outlook 2019" report, in 2018 the impact of fluctuations in the economy also continued contraction in the sector slowed down the growth momentum of the last four years, the share of the GDP is shrinking.
According to the report, while the incentives and campaigns given to the sector in the last year are not enough to initiate a permanent recovery process; 2019 will be a year of careful steps for the construction sector.
According to the report, where the share of the construction sector in general employment has decreased due to the contraction experienced, the minimum wage increase will also put an additional burden on costs in the sector.
The stability of financial markets to recover in the sector in 2019 and stating that it is a positive reflection should emerge in as soon KPMG Turkey Infrastructure and Construction Industry Leader Ismail Leader Unal, permanently decline of interest for the promotion of sales in the housing sector and pointed to the importance of single-digit withdraw the level again .
Ünal predicted that the government will continue to implement the instruments that will keep the sector alive in 2019 and that the local elections to be held on March 31st can revitalize the infrastructure investments.
According to the report, while the incentives and campaigns given to the sector in the last year are not enough to initiate a permanent recovery process; 2019 will be a year of careful steps for the construction sector.
According to the report, where the share of the construction sector in general employment has decreased due to the contraction experienced, the minimum wage increase will also put an additional burden on costs in the sector.
The stability of financial markets to recover in the sector in 2019 and stating that it is a positive reflection should emerge in as soon KPMG Turkey Infrastructure and Construction Industry Leader Ismail Leader Unal, permanently decline of interest for the promotion of sales in the housing sector and pointed to the importance of single-digit withdraw the level again .
Ünal predicted that the government will continue to implement the instruments that will keep the sector alive in 2019 and that the local elections to be held on March 31st can revitalize the infrastructure investments.