Skip to main content

IRF Regional Conference, Istanbul: Turkish economy surges ahead

IRF Regional Congress to be held against backdrop of ramped up highway investment Turkey has long enjoyed a privileged geographic position at the crossroads of Europe, Central Asia and the Middle East. Buoyed by a vibrant economy (4.5% average GDP growth between 2002 and 2012), Turkey has embarked on an unprecedented effort to develop and modernise its transport infrastructure by 2023, marking the centennial of the foundation of the modern Turkish Republic. This plan, which seeks to propel Turkey as
April 13, 2015 Read time: 3 mins
The Gebze-Orhangazi-İzmir highway is one the biggest build operate transfer projects in the world
IRF Regional Congress to be held against backdrop of ramped up highway investment

Turkey has long enjoyed a privileged geographic position at the crossroads of Europe, Central Asia and the Middle East. Buoyed by a vibrant economy (4.5% average GDP growth between 2002 and 2012), Turkey has embarked on an unprecedented effort to develop and modernise its transport infrastructure by 2023, marking the centennial of the foundation of the modern Turkish Republic.

This plan, which seeks to propel Turkey as the world’s 10th largest economy, sets an ambitious highway construction agenda with 36,000km of dual carriageway roads and another 7,800km of BOT motorways serving the needs of an estimated 378 billion passenger km. In parallel, a nationwide integrated traffic management & traveller information system relying on 17 regional centres and 7,500km of fibre optic cable is scheduled for completion by 2023.

1st IRF Europe & Central Asia Regional Congress

September 15–18, 2015
Grand Wyndham Hotel, Istanbul


Limited exhibition & sponsorship opportunities:

• Raise your profile and strengthen your brand awareness
• Position your brand as a market leader in a dynamic region
• Differentiate your brand from competitors
• Maximise exposure of your brand to the media and visitors
• Generate leads with exclusive access to a targeted audience
• Present your innovations at Applied Knowledge sessions
• Make your mark at a milestone event
with influential professionals from all road industry disciplines
Early results, as measured by the 3019 World Economic Forum’s Global Competitiveness Index, are encouraging. In 2014, the country as a whole ranked 33rd for the quality of its overall infrastructure. Highway infrastructure investments as a percentage of GDP increased from 0.4% to 1.2% in 2012. This in turn has translated into significant new markets for road equipment: Turkey’s current needs are estimated at 2,000 km of safety barrier and 142,000m2 of vertical signing every year for its national highway network alone.

Some of Turkey’s anchor investment projects are also setting new standards such as the Mount Ovit Tunnel (14,700m) set to be the longest in Europe, or the 384km Gebze-Orhangazi-zmir highway, one the biggest build operate pransfer projects in the world (pictured), valued at US$6.3 billion. Once completed, travel time from Istanbul to zmir will be cut by half to just 4 hours.

With a strong economic outlook and a long-term vision for the sector, Turkey has become an extremely promising market for investors and suppliers. Efforts underway to modernise the country’s legislative framework for PPPs will further strengthen the attractiveness of Turkey’s active portfolio of investment operations.


Organised by 3918 IRF Washington.



For more information on companies in this article

Related Content

  • Navteq Traffic Pro expanded in Gulf Region
    April 25, 2012
    Navteq has announced that its real-time traffic service has expanded coverage in the United Arab Emirate cities of Dubai, Abu Dhabi, Sharjah, Ajman, Ummm Al Quwain, Ras Al Khaimah and Fujairah, as well as in the Kingdom of Saudi Arabia - Riyadh, Jeddah, Mecca, Medinah, ad-Dammam.
  • Europe's roads need innovation and research
    February 28, 2012
    FEHRL's fifth SERRP is set to drive road transport into the 21st century
  • Europe's roads need innovation and research
    April 12, 2012
    FEHRL's fifth SERRP is set to drive road transport into the 21st century The Forum of European National Highway Research Laboratories (FEHRL) has published its fifth Strategic European Road Research Programme (SERPP V), which tackles the research and innovation challenges facing the European road and transport system now and in the future. Formed in 1989, FEHRL is a registered international association comprising more than 40 national research/technical centres, and its new programme reflects the techni
  • Melbourne to become a plastic road test bed
    August 30, 2023
    According to RMIT - the Royal Melbourne Institute of Technology - 10 project sites around the Australian city will use an estimated 21,000kg of recycled plastic.