Construction

Construction of the structures and living spaces of the future which are built in many years and with great efforts is a painful process with many risks and problems. Önder Insurance always helps you protect yourself against such negative risks.

Turkish economy is one of the fastest growing economies in the world. According to figures of the World Bank, Turkey is the 18th largest economy in the world and 7th largest in Europe. Considering the ongoing urban transformation project, the construction industry has been the locomotive of Turkish economy in the last ten years.

Just like in many other developing countries, construction industry is at the main axis of development in Turkey as well. Construction is the first step to develop dams, energy generation facilities, roads, airport, urban spaces, factories, hospitals, bridges, tunnels, railroads, energy plants, nuclear plants, pipelines and all other living spaces, and the entire infrastructure to make these spaces alive. When the impact of other sectors which provide input to construction and continue their operations by relying on developments in that industry is taken into account, it could be suggested that the construction industry accounts for about 30% of GNP.

Since the construction industry benefits from goods and services offered by over 200 connected sub-sectors and creates demand for many sectors, it is thus the locomotive of Turkish economy. Today, construction industry has become more important than ever for the Turkish economy which needs high-rate steady growth as well as creating employment.

Although the construction industry is the locomotive of national economy, construction is a painful process with many risks. We, Önder Insurance, are trying to protect our future by developing the most comprehensive policies and minimizing your risks in order to protect you against such risks and the future of you as well as our country.