Turkish construction and cement shares rose today, boosted by expectations that they will benefit from reconstruction in Syria after the ouster of the Assad regime. Turkey will work to rebuild Syria after the ouster of Assad and help Syrian migrants it hosts return home safely, Turkish Foreign Minister Hakan Fidan said today. “With the fall of the Assad regime, the reconstruction of Syria is moving forward,” said Yakup Tokhtamis of brokerage firm Trive Yatirim. Yusuf Dogan, head of global market research at Info Yatırım, said there will be great opportunities for Turkish companies in the construction industry, including cement and steel. Turkey’s geographical proximity and existing trade relations give the country’s companies an advantage in Syria’s reconstruction process, Dogan added. “Damage” 11.4 billion In a report published in February 2023, the World Bank estimated that the cost of […]
Source: News Beast
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