Contractors set their sights on Ceyhan
Posted by meb at February 5th, 2008
Construction investment is to receive a boost in Ceyhan this year along with industrial investment as it blossoms into an energy hub with the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline, the Samsun-Ceyhan pipeline and the Kirkuk-Yumurtalık pipeline — all of which end in Ceyhan.
In an interview with the Anatolia news agency Alaattin Bulgan, the chairman of Bulgan İnşaat — a distributor of major construction equipment brands such as Almira, Aspen, Bentech, Bts, Emülzer, Favor, Fixa, Lafarge Dalsan, Saray, Terraco, Sergroup and Wido — said 2008 will be a good year for construction especially in the Mediterranean coastal district of Adana, which includes Ceyhan.
He said 2007 had also been a good year, with the construction sector growing around 20 percent in Turkey. He emphasized that energy investment in Ceyhan would boost other investment in the region. Bulgan said investors from all over the world were coming to Adana for new business opportunities. “There are currently plans for the construction of five five-star hotels,” he said, adding that there were also plans for shopping malls, entertainment centers and hospitals. He said he expected investment to increase as long as there was no unforeseen crisis to stop it. “The spending habits of the Turkish people are changing,” he said while explaining the growth in the construction sector. He added that in the past many people cared more for their cars than they did their houses and that this is why one can see very expensive cars in front of shanty houses. He said people have now begun to be concerned with their living spaces and that they have started to spend more on housing.
Noting that the quality of housing was also increasing parallel to quantitative growth, Bulgan said one of the major factors in the rise in quality was the Housing Development Administration of Turkey’s (TOKİ) best practice examples in comfortable and safe housing. Bulgan underlined that comfort and safety have become more important than luxury in housing. He said with the increase in housing-loan options people have become more selective in buying houses and that they began to care more about the materials used in the construction rather than the size of the salon or the location of the house.
source: Today’s Zaman
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