Turkish contractors have realized international projects worth $560 million so far in 2025, according to the data compiled from the Trade Ministry on Tuesday.
A total of 14 projects have been delivered across various countries this year, with an average value of $40 million per project – the highest recorded at this point in the year.
The average value of a Turkish contracting project fluctuated in recent years, from $69.5 million in 2021 to $39.3 million in 2022, $64.6 million in 2023 and $85.1 million in 2024.
The number and value of projects have shifted annually. The sector completed 386 projects worth $17.2 billion in 2020, 457 projects worth $31.7 billion in 2021, 512 projects worth $20.1 billion in 2022, 441 projects worth $28.5 billion in 2023 and 343 projects worth $29.2 billion in 2024.
Since 1972, Turkish contractors have carried out 12,505 projects worth $535.3 billion in 137 countries. Most were in the Commonwealth of Independent States, the Middle East and Africa.
Projects in the Commonwealth accounted for $233.7 billion, or 43.7% of the total. The Middle East followed with $136.1 billion (25.4%), while Africa saw $96.9 billion in projects (18.1%).
Elsewhere, Turkish projects reached $49.7 billion in Europe, $14.3 billion in Asia-Pacific and $4.6 billion in the U.S.
Russia has received the highest value of Turkish international contracting projects to date, totaling $103 billion. It was followed by Turkmenistan with $54 billion, Iraq with $35.3 billion, Saudi Arabia with $33.7 billion, Libya with $31.4 billion, Kazakhstan with $29.6 billion, Algeria with $22.7 billion, Azerbaijan with $20.6 billion, Qatar $20.3 billion and the United Arab Emirates (UAE) with $17.7 billion.
Highways, tunnels and bridges represented the largest share of project types at 13.9%, followed by housing at 13.4%, power plants at 8.4%, railways at 7% and trade centers at 6.8% to date.
