construction and materials sector overview the infrastructure investments of turkey which have stagnated because tight fiscal policies imf program in operation since 1999 started to be re activated 2005 against a 4 6 growth 2004 expanded 21 5 main market driver has been back surged residential developments after number years dormant activity significant boom prevalent real estate along with pent up demand sharply falling interest rates boosting short mid term housing credits consequence high urbanization is ever growing requirement according state planning organisation spo turkish statistics institute data during 2000 additional settlements population 20 000 or more would 2 714 due demographic an 361 needed for renewals purposes consequently total plan period was 3 075 addition existing not met yet ie 1 771 240 requirements until year approximately million by
