International contracting: A Turkish perspective

The rapid development of the Turkish construction industry in overseas markets provides a contrast to the internationalization of other countries' construction industries. By focusing initially on low-technology projects in difficult locations and exploiting its mobile low-cost labour force, the Turkish industry has rapidly gained in experience and sophistication, thereby enriching its domestic construction industry. The internationalization of the Turkish industry has required the development of new institutions and attitudes within Turkey and the rapid development of financial systems.