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

  • IRF & REAAA Renew Partnership
    August 22, 2016
    Cooperation Leads to Joint Global Road Summit in 2017. The International Road Federation (IRF) and the Road Engineering Association of Asia and Australasia (REAAA) have renewed a memorandum of understanding on the occasion of a Council Meeting of REAAA held in Dubai, UAE. This general cooperation agreement aims to strengthen the framework for regional cooperation mechanisms between IRF and REAAA in the areas of intra-regional transfer of technology and best practices. It will also include information and
  • IRF-SATC webinar addresses the impact of Covid-19 on freight and logistics sectors
    October 22, 2020
    A wind of trade protectionism referred to as “Covid nationalism” has started blowing on global trade markets in the wake of the coronavirus pandemics. Countries are now implementing border restrictions in an attempt to control the spread of the virus.
  • Public-private participation for highway law enforcement
    April 18, 2017
    In some countries, public-private partnerships for road traffic law enforcement are helping to greatly reduce traffic fatalities. But careful implementation is essential, according to a new white paper. Big brother is watching you. Speed cameras are just a cash cow for local authorities. Police use them to keep their speeding ticket statistics high. The list of suspicions goes on. But there is nothing suspicious about road deaths, says Philip Wijers, chairman of the sub-committee on enforcement at the US-ba
  • Gulf congress focuses on infrastructure challenges
    April 12, 2012
    The Kingdom of Bahrain will host the 3rd IRF Middle East Regional Congress & Exhibition which runs January 9-11, 2012.