Turkish contractors secure 2nd place in global construction rankings

Turkish contractors have maintained their position as the second-largest group on the “World’s Top 250 International Contractors” list, according to Engineering News-Record (ENR) for 2024.

This year, 43 firms from Türkiye were included, reflecting the country’s strong presence in the global construction market despite various challenges.

Turkish construction firms expand market reaching 137 countries in 2024

Türkiye’s contractors continue to be key players in the global construction industry. M. Erdal Eren, President of the Turkish Contractors Association (TMB), emphasized the sector’s achievements: “Despite the ongoing war, Russia remained our largest market in 2023. We are also actively preparing to take part in Ukraine’s post-war reconstruction.” Eren highlighted their efforts to expand activities in markets like Saudi Arabia, Iraq, Algeria, Poland, Romania, and Sub-Saharan African countries. The number of countries where Turkish contractors are active has increased to 137 in 2024, with the addition of Portugal.

Turkish contractors overcoming global challenges with proactive strategies

The global construction market, valued at $499.7 billion in 2023, has been affected by inflation, regional conflicts, and supply chain disruptions. To manage these risks, contractors have taken proactive steps to diversify their operations and support key market investments.

“Turkish contractors, who celebrated the 100th anniversary of our Republic by completing over 12,000 projects in 136 countries in 2023, have shown exceptional resilience,” Eren stated. Six Turkish firms made it into the top 100 construction rankings, with one ranked among the top 50.

Turkish firms in ENR’s top 250 international contractors 2024

No	2024 Rank	2023 Rank	Company
1	48	50	Limak
2	53	53	Ronesans
3	54	58	Enka
4	58	66	Yapi Merkezi
5	66	81	Ant Yapi
6	81	84	Esta
7	104	112	Cengiz
8	105	117	Gulermak
9	106	115	Aslan Yapi
10	108	110	Calik Enerji
11	113	114	Tav
12	115	121	Kuzu
13	117	107	Nurol
14	121	144	Tekfen
15	144	159	Metag
16	145	141	Eser
17	151	188	Kolin
18	155	223	Polat Yol
19	156	127	Bayburt Grup
20	162	163	Ilk
21	163	206	Alarko
22	170	183	Sembol
23	173	190	Yenigun
24	176	153	Gap
25	178	177	Onur
26	181	154	Mbd
27	185	198	Dekinsan
28	188	196	Yuksel
29	190	195	Ustay
30	199	123	Duygu
31	202	201	Summa
32	204	151	Tepe
33	206	201	Iris
34	209	151	Mapa
35	211	208	Stea
36	219	164	Makyol
37	222	221	Smk
38	224	217	Nata
39	225	210	Ic Ictas
40	227	249	Dorce
41	229	225	Feka
42	234	234	Zafer
43	246	247	Dogus

Sustainable construction projects pave way in international market

Ronesans Holding’s subsidiary Ballast Nedam, one of Europe’s largest construction firms, is making significant contributions to sustainable construction. Their Cartesius project aims to integrate modern urban living with sustainability and well-being, inspired by the Blue Zones.

The company is also working on the A24 Blankenburgverbinding road connection project in Rotterdam, designed to enhance accessibility and support economic growth in the region. Project director Patrick van Os noted, “Our team has demonstrated exceptional technical skills and innovation. We are eager to see the project in use by the end of 2024.”

Turkish contractors are well-positioned to benefit from the recovery of the global construction market, especially in green and sustainable projects. With a focus on innovative solutions and government support, they continue to strengthen their presence in international markets.