Construction growth in Turkey continues apace (TU)

Turkey's construction boom is continuing, with the area and value of buildings and the number of dwelling units up by 9.6%, 31.4% and 4.1% respectively last year, according to recently released figures.

The data from the Turkish Statistics Institute (TurkStat) also revealed that the actual number of new buildings in 2006 decreased by 5.4% compared to the preceding year, calculated on the basis of construction permits issued by municipalities.

The number of new residential buildings fell from 99,220 to 94,309, but during the same period the actual area of new residential buildings rose from 82.3 square kilometers to 88.5 square kilometers, a rise of 7.6%. According to occupancy permits the number of new inhabited residential buildings rose from 52,372 to 55,155 in 2006, year-on-year, an increase of 5.3%. For the same period the area of inhabited residential buildings rose from 36.4 square kilometers to 39.1 square kilometers, increasing by 7.5%.

Source: Today's Zaman

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