Tuesday, February 14, 2023

Turkish Construction Companies Nip at Heels of Chinese Companies in Africa

 The Middle East Eye published on 5 February 2023 an article titled "The Turkish Construction Companies Outfoxing China in Africa" by Yusuf Selman Inanc.  

While Turkish companies cannot compete with Chinese companies for access to financing of projects in Africa, they have the advantage of being closer to the continent and technically superior construction.  Turkey now does 18 percent of its international construction business in Africa and has been winning contracts in competition against Chinese companies.  The latter continue, however, to build a far higher percentage of structures in Africa.