The umbrella organization of the construction material industry in Turkey İMSAD was not indifferent to Turkey’s leading organizations GYODER, İNDER and KONUTDER’s coalition which are representing the real estate sector. Turkey İMSAD calls its industrialists members for support the campaign.
Turkey İMSAD Chairman of Executive Board Ferdi Erdoğan state that as Turkey İMSAD with 80 large industrial companies, 35 sub-sector associations and 15 stakeholder members they are representing a sector with 112.3 billion dollars total market size and said: “We approve the campaign in terms of overcoming the sectoral fluctuation, dissolving the housing stock and development in construction sector announced by GYODER, İNDER and KONUTDER on Tuesday, May 15. We support this initiative, which is a good example to the business unity of the public, finance and real estate sector and that contributes to both the consumer and the sector.”
On the other hand, İMSAD announced its monthly sector report. “In Turkey İMSAD May 2018 Sector Report emphasized that the construction material industrial production in the first quarter of 2018 was increased by 16.2 percent according to the same period of last year. In the report announced that in the first three months of 2018 exports increased by 20.1 percent from the first three months of the previous year and reached to 5,04 billion dollars and it is predicted that this high performance to be continue during the year. It is also announced that the financing problems and inadequate demand are limiting the new construction works.