Turkish Firms Leave Their Mark on The Big 5 Construct Qatar
Organizing the Turkish pavillion in the 2nd edition of The Big 5 Construct Qatar, we, Expotim & Ladin group, have opened the door to the Middle East to Turkish construction companies, who had a strong presence at the show, eyeing to use domestic and international turbulence to their advantage.
“More than 30 companies from Turkey met local, regional and international players involved in the Qatari construction sector and followed recent trends and issues at The Big 5 Construct Qatar, which opened its doors for a second time between Sept. 23 and Sept. 25. Held at the Doha Exhibition and Convention Center (DECC) located right in the middle of the capital's West Bay financial area, this year's exhibition welcomed more than 150 exhibitors from 20 countries. Exhibitors, customers and sector professionals also had the chance to attend some 40 free workshops, panels and education sessions in the exhibition organized by dmg events Doha. For a second time, Turkey was an exhibiting country at The Big 5 Construct Qatar. The country's trade volume with Qatar increased by 70% year-on-year since the blockade imposed on Qatar by its Gulf neighbors in 2017.
Burak Güreşçi, Turkish commercial counselor at the Embassy of Doha, explained that Turkish exports to Qatar increased from $450 million $1.1 billion in 2018, and current trends show year-end figures for 2019 somewhere between $1.3 billion to $1.4 billion. These numbers can increase rapidly once the Economic Cooperation Agreement — signed on Nov. 26, 2018 at the Turkey-Qatar Fourth High Level Strategic Committee Meeting attended by President Recep Tayyip Erdoğan and Qatari Emir Sheikh Tamim bin Hamad Al Thani — is ratified, Güreşçi explained, noting that information technology (IT) and defense are also among the key sectors in which trade ties are growing between the two countries.”