Shares of Turkish construction companies are growing due to the change of power in Syria

December 9th. /MEDIA TALK/.On December 9, the share price of a number of construction companies on the Istanbul Stock Exchange increased, Bloomberg reports. According to journalists, it is expected that a large construction business will actively participate in the reconstruction of Syria, where a regime change took place the day before.

For example, the shares of Oyak Cimento, which belong to the Turkish Army Pension Fund, increased by 9.9%, while the securities of cement manufacturer Cimsa, owned by Sabanci Holding, increased by 10%.


Photo: ru.freepik.com

According to the World Bank, the damage caused to cities and industrial enterprises in Syria during the civil war, which began in 2011, amounted to $ 11.4 billion. More than two thirds of this amount is expected to be spent on the restoration of buildings.

Recently, we talked about how Turkey is updating software for calculating machines and purchasing new equipment due to the "influx" of fake dollars allegedly imported from Syria. Government officials later denied this information.