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New partnership between the two countries in planning and civil development
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Turkey and China announced the signing of a cooperation agreement in the field of urban development and civil planning.
The partnership aims to exchange expertise and technology in the construction and real estate sector between the two countries.
Turkey and China have signed a cooperation agreement on urban development and urban planning to exchange expertise and technologies. Turkey seeks to benefit from Chinese experience in building smart cities and rapid urbanization in renovation and infrastructure projects.
The agreement could accelerate construction and urban development projects in Turkey, which would impact real estate prices and investment opportunities in the sector. It also reflects a shift toward diversifying government projects with global standards that could affect development plans and internal migration to Turkish cities.
Pierre Dubois