Turkey Infrastructure Report Q1 2013 - New Market Report Now Available
BMI View: A slew of ongoing projects, most notably the Sino-Turkish high-speed rail plans, the North Marmara Highway project, the Ankara to Istanbul high-speed rail link, the third Istanbul airport, the Trans-Anatolian gas pipeline and various major power plant projects around the country, are all contributing to our strong outlook for the Turkish construction sector. Hence, despite a considerable current account deficit, high cost of credit and structural flaws in the domestic banking and pension sectors posing significant downward risks,...
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