Recently Released Market Study: Turkey Infrastructure Report Q4 2013
BMI View: With Turkey's healthy construction pipeline, complete with numerous high-profile projects within both its infrastructure and residential/non-residential sectors, we continue to see long-term strong construction industry growth. However, the short-term outlook has been dented by social unrest and macroeconomic conditions, which have caused BMI's Country Risk team to downgrade Turkey's economic growth forecast for 2013. Still, .6% average year-on-year real growth in Turkish economy over our forecast period far outstrips any developed market in the region, making Turkey an...
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