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China first, Turkey jumps to No2 on world's top contracting firms list

Staff Writer | August 19, 2017
Turkey increased its contracting companies to 46 and ranked second among the top 250 global contractors in 2016, the Turkish Contractors Association (TMB) said.
China Turkey workers
Construction   Turkey increased its contracting companies to 46
Turkey had 40 international contracting companies in 2015, according to a list in the Engineering News Record (ENR) publication, the statement said.

ENR's Top 250 Global Contractors list is prepared based on the income of companies gained through overseas activities.

China led the list with 65 firms and the U.S. is in third place with 43 firms, the association said.

The contractors who made it to the list reported $468.12 billion in contracting revenue in 2016 from projects outside their home countries, marking a 6.4 percent decrease when compared to 2015.

The market share of Turkish firms was 5.5 percent in 2016, up from 4.6 percent in 2015, the association said.

The top 10 Turkish firms in the list were Ronesans, Polimeks, Enka, TAV, Yapi Merkezi, Alarko, Limak, Ant Yapi, GAP and Universal Acarsan.