9,374.20 TL BIST 100 BIST 100
4.34 CNY CNY CNY
31.10 $ USD USD
€33.71 EUR EUR
0.13 CNY CNY/EUR CNY/EUR
26,590.00 TL Interest Interest
81.25 $ Fossil Oil Fossil Oil
22.84 $ Silver Silver
3.88 $ Copper Copper
118.72 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,032.54 TL Gold (gr) Gold (gr)

Expect public projects to be more optimistic than the private real estate sector in 2023.

The increased interest rate caused private real estate investments to decrease. Therefore, construction companies expect public works projects to increase rapidly to continue their activities...

Expect public projects to be more optimistic than the private real estate sector in 2023.

The CEO of the General Contractors Association of America stated that although market demand continues to evolve, contractors will have to face current challenges in 2023, including supply chain issues and labor shortages.

Contractors had a less optimist attitude towards private sector projects in the following years, especially in retail, office and hospitality as they tried to recover from the pandemic.

In contrast to these developments, the public project is expected to be the most optimistic in 2023, especially transport projects, water and sewerage projects, and federal contracts in general. The reasons are explained as the supply of public dollars during or after the recession of the economy. Some of the money spent on public projects could be diverted to solving the pandemic problem, which could mitigate the impact of any recession this year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Green steel cooperation with Salzgitter Flachstahl GmbH and Octopus Energy!

Wednesday, February 21, 2024

SMS Group and Hasçelik launched a strategic partnership

Wednesday, February 21, 2024

European Commission to fund Germany's decarbonisation efforts with €4 billion

Wednesday, February 21, 2024

Samail industrial city: Driving growth and investment in Oman

Tuesday, February 20, 2024

Concerns about the sale of Celsa's facilities in Europe!

Tuesday, February 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now