The seven million residences that will be renewed as part of Istanbul's urban transformation have wet the appetites of professional European demolition firms. Europeans who are now wanting to enter the Turkish market with national partners are currently knocking door to door to hold meetings on the offer.
15 FIRMS TO PARTICIPATE IN ISTANBUL DEMOLITION SYMPOSIUM
According to Demolition Contractors Association Chairman M. Ali Bulut, the urban renewal project will result in an approximately ten-billion-lira demolition market. "Firms from France, Spain, Italy, Holland and especially Germany have been coming to the association to express their interest in investing in this area. They all want to partner up with Turkish firms," said Bulut. Emphasizing that these foreigners are preparing to enter the market prior to the start of the second phase of demolition, Ali Bulut says that the March 7th Istanbul Demolition Conference will allow foreign and domestic firms to convene. There will be 15 foreign firms participating in the demolition symposium.
TURKEY TO RELEASE SPECIAL REGULATIONS FOR DEMOLITION
This is a translation of an article originally written by Yasemin Salih.
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