The role and development of the construction industry in Turkish and world economy

Construction industry is one that is needed by humanity endlessly, of which contribution to the economy is important. According to the results obtained from this study in which the share and effects of the construction industry in Turkey and in the world are examined; it has been found that the role and share of the construction industry in the economy is considerably large, that it has a fragile structure which meets location and infrastructure requirements of all sectors including electronics, strongly reacting to changes in the national economy and that it is an industry that will never disappear even if its added value is low and its momentum decreases from time to time. Furthermore, it has been seen that the industries of ready-mixed concrete and cement, each being one of the most important and primary materials of the industry, have a significant place in the construction industry, that dwelling production has particular importance within the industry since it meets accommodation needs of people and that any decline in residence sales does not occur even in case of economic recession. In the light of these data, the importance of the industry in developing national economies should be considered, efforts should be made to increase the share of the industry in the GDP and the GNP, to make designs and production with higher added value instead of labour-intensive manufacturing with low added value including material and designing industries and search for foreign markets should progressively continue. Key Words: Cement, Construction, Economy, Gross National Product (GNP), Gross Domestic Product (GDP), Material, Readymixed concrete.