Energy Sector

It is the key to economic growth and sustainable development worldwide. In 2023, with the increase in global energy demand, the demand for fossil fuels peaked, but this demand started to decline with the rapid growth of renewable energy sources. In 2023, the share of renewable energy sources in global energy production exceeded 30% (IEA) (IRENA). In parallel with the increase in energy demand, Turkey has increased its renewable energy investments and in 2022, 45% of its electricity generation was generated from renewable sources (IRENA). Turkey's energy generation capacity exceeded 100 GW, while energy imports reached 40 billion dollars in 2023.

Construction Sector

It is a huge industry that accounts for 13% of total economic activity and employs millions of people worldwide. In 2023, global construction spending is estimated to exceed $12 trillion (IEA). In Turkey, the construction sector is the engine of economic growth, accounting for 7% of GDP by 2023. Major projects in the construction sector, especially infrastructure investments and urban transformation projects, contribute significantly to Turkey's economic growth.