Turkey's confident approach
Cement demand in Turkey expanded at nearly three times the rate of the national economy in 2013 and producers remain optimistic about the future. As Cemtech Conferences & Exhibitions heads to the stunning city of Istanbul for its 23rd European event, this report highlights the latest domestic market and trading trends for one of the world’s most buoyant cement industries. By Turkish Cement Manufacturers Association (TÇMB) & ICR Research.
Last year turned out to be a pivotal year for Turkey as Fitch upgraded the country’s credit rating after raising it to investment grade in 2012, the Turkish government announced its ‘democratisation package’ of political and human rights reforms, and steps were taken towards the Kurdish peace process.