Istanbul's industrial growth in 2024 is marked by a blend of traditional manufacturing and tech innovation, supported by robust infrastructure projects and economic stability.
Istanbul's Industrial Pulse
Istanbul's industrial sector is experiencing a dynamic growth in 2024, driven by a mix of traditional manufacturing and emerging tech industries. The city's strategic location and robust infrastructure make it a hub for various industrial activities, from automotive to electronics. The industrial production growth rate is projected to be around 5% year-on-year, reflecting a strong performance in the sector. This growth is supported by both public and private investments, which are crucial for sustaining the momentum. Expand

Tech and Innovation
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Infrastructure Boom
Istanbul's infrastructure projects are a key driver of its economic growth in 2024. The city is witnessing a surge in construction activities, with ambitious projects like new airports, highways, and bridges. These developments are not only enhancing connectivity within the city but also positioning Istanbul as a major logistics and transportation hub. The construction industry is expected to grow by 5.4% in real terms, supported by rising building approvals and significant investments.
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Economic Stability
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