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Concrete producers predict 8 pct growth in 2012
  30.12.2011


Turkish Ready Mix Concrete Association (THBB) President Ayhan Güleryüz on Friday said the association´s growth forecasts point to at least an 8 percent growth in the sector in 2012.



 


Speaking to the Anatolia news agency, Güleryüz made mention of the growth rate, which was 10 percent in the ready mix concrete sector in 2011, and said, “Turkey will continue to lead the way in the production of concrete in Europe, where the country has been ranked number one for the past three years, followed by Italy and Germany.”

Güleryüz noted that Turkey's growth rate in the sector is phenomenal when looking at the rankings in the world, which place Turkey fourth, following China, India and Japan. He praised the quality of the concrete produced in the country and added that “Turkey is the third-largest exporter of concrete ingredients in the world.”

He stated that the country possesses modern equipment and now boasts one of the world's major facilities for the production of concrete due to recent investments and the young sector.

The association head talked about the importance of concrete production for Turkey's construction industry, and said, “We are ready to serve the country's construction industry with our annual 150 million cubic meter production capacity and the more than 900 ready mix concrete stations located throughout the country.”

Güleryüz said the sector is very hopeful for the year 2012 and that the association believes Turkey will be less affected by the sovereign debt crisis in the eurozone because Turkey's main trading partner in Europe is Germany, whose economy was least affected by the crisis. “We have less economic ties with countries like Greece, Italy, Portugal and Spain, which have been severely affected by the crisis,” he added.

He also mentioned that the price of building materials as well as raw materials needed in the construction industry won't be affected by the currency exchange rates because most materials are produced within the country. “The exchange rate will push people to invest in the housing market because house prices will be lower for those who have foreign currency [dollars],” Güleryüz said.

Güleryüz also made mention of the planned investments in public works and in the energy sector, which will contribute to the construction industry in the country, and commented, “Currently there are investments in construction projects such as railways for high-speed trains, highways and hydroelectric power stations, and we expect large amounts of foreign direct investment [FDI] in the energy and transportation sectors.”

  
  

Source : todayszaman.com
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