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The cost of construction materials has increased by 30%, suppliers and contractors are looking for solutions
The cost of construction materials has increased by 30%, suppliers and contractors are looking for solutions
17.02.2021
GENERAL

According to TurkStat data, material costs of building construction have increased by 30.48% in the last year. Project data and demand Bank YapıRadar.com according to the statement, construction companies are turning to digital platforms in the face of rising costs, while these platforms can provide a cost advantage by offering comparative offers from suppliers.


*** This release is originally published in Turkish.
Google Translate Application translates the content you see on this page.***


ISTANBUL (TR) - The construction sector, which is one of the building blocks of the Turkish economy, gave a good test in 2020 despite the economic fluctuations caused by the pandemic and exchange rate increases. But rising costs have been among the main factors pushing construction industry players. According to the December 2020 data of the Construction Cost Index announced by TUIK, the cost of construction materials increased by 30.34%. In the study, which examined 2300 products, this figure was reflected in the material costs of building constructions as 30.48% and the construction material costs of non-building structures as 29.93%. As industry players began to look for solutions to reduce the cost of materials in the face of the current picture, the focus on digital platforms was increasing. Project data and demand bank created for the exchange of goods and services between suppliers and contractors YapıRadar.com, it stood out among the platforms. 

Supply requests requiring a long time and follow-up, YapıRadar.com with support in a short time and affordable prices are resolved

Stating that they act as a bridge between suppliers and contractors in reducing purchasing costs YapıRadar.com " the success of the construction sector during the pandemic has once again demonstrated how strong the mobility of the sector is. But for the sustainability of this motivation, the problem of high costs must be avoided. At this point YapıRadar.com as well as bringing Project Details to suppliers ' feet, we are building a performance bridge between suppliers and contractors to reduce purchasing costs. Construction companies, from the project stage to the end stage, reach and receive offers from supplier companies by requesting their purchases from every item in their projects through the platform. In this way, demands that require time and follow-up are solved in a short time and at affordable prices." said. 

Digital solutions contribute not only to cost, but also accessibility 

Devrim Unal Saygın said that the orientation to digital solutions in the construction sector is effective not only in cost reduction but also in the easily accessible situation required by the technology age. “suppliers are looking for new ways to reduce costs; on the one hand, they also have to deal with problems such as new customers, unreachable and inadequate offers. But the solution to all these problems is possible with a digital platform such as YapıRadar. Us YapıRadar.com as we follow about 20 thousand projects per year on average and provide the connection between suppliers and contractors. All details of construction projects of Turkish contractor companies that are ongoing and will start at home and abroad can be tracked via YapıRadar internet platform. Our goal is to be one of the most important assistants of construction companies in the following processes., ” he said. 

Contact: Tülay Genç | [email protected] | +31 30 799 6022

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