The real estate sector in Turkey has come a long way and has secured a spot as one of the top choices for foreigners in real estate investment. Not only that, the Turkish construction companies have made their mark not just locally but also in the global market, especially in Africa, Europe, and Asia.
If you are interested in knowing more about Turkish real estate, this blog offers a detailed list of the top 11 construction companies in Turkey.
Top 11 Construction Companies in Turkey
Limak Construction
Limak is a Turkish construction company founded in 1976 and expanded into a holding over time. This company focuses on strategic infrastructure construction projects, including hotels, treatment plants, factories, airports, highways, etc.
This year, Limak Construction became 1 of 43 Turkish firms that made it to the list of the top 250 international contractors which was published by ENR Magazine.
With its presence in more than 14 countries around the globe, Limak Construction has been operating domestically for close to 50 years and has wrapped up more than $21 billion worth of international construction projects.
As part of a joint venture, Limak constructed the world-renowned Istanbul Airport as well as working on the construction of the Sabiha Gokcen Aiport and the 1915 Çanakkale Bridge.
Ronesans Holding
Ronesans Holding was founded in St. Petersburg, Russia by a Turkish engineer named Erman Ilıcak. However, its headquarters today are in Ankara. This holding functions as a contractor as well as an investor in various sectors such as energy, construction, real estate, healthcare, etc.
With operations in close to 30 countries in various parts of the world, Ronesans sits in the 24th position on the list of the largest contracting companies in the world.
International projects drive 78% of its revenue and its iconic Cam ve Sakura City Hospital in Istanbul is one of its most renowned Turkish projects that is an earthquake-resistant construction.
ENKA Construction
ENKA Construction began operations in 1957 and operates in the sectors of real estate, electric power, engineering, etc. It has been on the list of the ENR Best International Contractors for years and has taken up over 580 projects across 57 countries.
To add to this, ENKA had a 3.2 billion turnover in 2023. Along with operating in Turkey, ENKA has constructed numerous structures in various countries, especially in Russia, where it worked on the Moskva Krasnye Holmy project.
Tekfen Construction & Installation
A renowned name in the world of construction, Tekfen was established in 1956 and is well-known globally for its high standards of quality. Since its establishment, Tekfen has evolved into a holding that goes beyond construction and has earned recognition in the manufacturing sector as well.
Tekfen is a prestigious brand in the Middle East and Russia as they operate in Saudi Arabia, Qatar, Kuwait, etc. Additionally, the Ataturk Olympiad Stadium and Tekfen Towers are some of their stand-out projects in Turkey.
Yapi Merkezi
One of the most respected companies in Turkey, Yapi Merkezi was founded in 1965 and is a major name in the world of transportation as it has worked on projects in Europe and Asia.
Yapi Merkezi’s most notable projects include the Eurasia Tunnel which is a highway tunnel that links the European and Asian sides of Istanbul and the Dubai Metro which is the world’s longest automatic metro.
Ant Yapi
Ant Yapi was established in 1991 and is famous for adhering to global standards with its work in constructing residences, business towers, shopping malls, etc. Ant Yapi has spearheaded projects in Asia, Europe, and America with Missoni Baia in Miami being one of its most popular projects as it boasts luxury residences and even has a LEED Green Building Certificate.
TAV Construction
TAV Construction has expertise in aviation-related projects such as the construction of airports. It has established itself as the leading brand in the construction sector across continents such as Africa, the Middle East, and Europe.
The Hamad International Airport of Qatar, the Izmir Adnan Menderes Airport, Emaar Square in Turkey, and the Damac Towers by Paramount are among its premier projects.
Polimeks Holding
Polimeks was founded in 1995 and has grown into a major international investment holding with its work in the real estate sector as well as the tourism and energy sectors.
Polimeks Holding has received a plethora of certificates and awards for its efforts for sustainability in the tourism and energy sector.
Not to mention, they have invested in various countries including Russia, the Netherlands, the UK, and Turkey.
The KVL Offices in the Netherlands, the TASIGO Eskisehir Hotel, and the NEO Karakoy by TASIGO are among the many premium projects in its portfolio.
Mapa Group
Mapa Group is a recognizable firm in multiple sectors including hospitality, renewable energy, air transportation, and construction. It has decades of experience working in America, Europe, Asia, and Africa.
Mapa Group’s most prominent projects include the Van – Hakkari – Yüksekova State Highway in Turkey, phase 1 of the Istanbul Airport Project, and the MNG Erzurum Shopping Mall.
Nurol Construction
Nurol Construction is another well-known company in the sector that was established in 1966. It has taken up large-scale industrial, and infrastructure projects and has the Yesilyaka project in Buyucekemece which boasts a plethora of luxury villas.
Sinpaş GYO
Know for its elite residential projects, Sinpaş GYO was established in 1974 and has developed prime residential complexes in different major cities in Turkey.
Projects belonging to Sinpaş GYO stand out for their top-of-the-line amenities and massive green spaces.
To name a few, Boulevard Cankaya, Ege Vadisi, and Queen Bomonti are some of Sinpaş GYO’s projects.
To Wrap It Up
As one of the most thriving markets within Turkey, the construction sector has enjoyed unprecedented progress and growth over decades and contributes immensely to the Turkish economy.
Turkish companies are some of the most well-equipped and innovative in the world, which is why they have taken over the global market.
