As stated in Hurriyet Daily News' report, the construction sector of Turkey increased by 10.6% between July and September of 2011, attaining a maximum volume of 15 billion liras. The report of the newspaper was based from the data of TCA (Turkish Constructors Association) which was only just published.

The Turkish Contractors Association is a self-governing, non-profit organization in Ankara, Turkey. TCA was established in 1952 and stands for the major Turkish construction companies. The business range of the members of Turkish Contractors Association covers almost 70% of every domestic and about 90% of every worldwide contracting job performed thus far by construction companies in Turkey.

From the start of 1970 until now, contractors in Turkey have finished about 6500 projects in 93 different countries. The business range of the Turkish Contractors Association in foreign countries has attained almost $205 billion.

Aside from providing contracting benefits at worldwide standards both outside and within Turkey, almost 75% of members of the Turkish Contractors Association are active too in a variety of areas of construction market investments, consulting, manufacturing and engineering.

The construction sector is among the best engines of the economy of Turkey. The sudden increase undermined by 2.8% from July to September 2011 in contrast to the last 3 months, according to Hurriyet Daily News' report. As said by the Turkish Constructors Association, among the primary causes for the delay in the development of the construction sector came from its need for reducing the housing stock prior to beginning newly dealt projects this year.

The total amount of the public investment grew by 9.7% from July to September 2011 in contrast to the last 3 months, according to the report of Hurriyet Daily News. Construction sector's private investments also increased by 11.6%. As indicated in the report of the Hurriyet Daily News, the quantity of sold households from July to September 2011 decreased by 5.18% as opposed to the quantity of sold households from April to June 2011. On the other hand, it still gained 21.57% increase as opposed to the similar time period in 2010, as indicated in the report of the Hurriyet Daily News.

According to the Turkish Constructors Association, the delay in the household's domestic demand comes from the increasing price of the credits of the bank and the growing concern against the downturn in the economies of European countries.

Construction materials' costs in Turkey also increased by 5% from July to September of 2011, based on the report of Hurriyet Daily News. The total quantity of the construction deals that companies in Turkey are operating increased by $15 billion from January to September of 2011. Turkmenistan leads all European countries with 17.7% share, then 17.4% by Russia, and 14.6% by Iraq, according to the report by Hurriyet Daily News.

Several objectives of the Turkish Contractors Association include:

• To grow their members' competitiveness both in international and national markets
• To add to the success of efficiently productive, environmentally-sound, and socially responsible growth of the construction sector.
• To create and improve strategic coalitions with private and public groups both outside and within Turkey