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Data Use
Calculated monthly, Plant Location Factors provide a straightforward way to estimate what it would cost to build a manufacturing plant in a country of interest, based on construction cost data from other countries. The usage of Intratec Plant Location Factors is simple: to determine the plant cost in a country of interest, one simply multiplies the known plant cost in the reference country by the respective location factor for the specific period. IL factors and key manufacturing costs in Turkey and up to 32 other countries are provided with the annual subscription to "Intratec Industry Economics Worldwide". To better understand data provided check Intratec Industry Economics Worldwide Methodology .
Data Delivery Methods
Plant Location Factors are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
Intratec Industry Economics Worldwide
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About IL Factors
Plant Location Factors are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. IL Factors are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Covering as many as 33 countries, Plant Location Factors are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.
About Turkey Manufacturing Industry
Turkey's economy is characterized by a diverse industrial base and a strategic geographic location, bridging Europe and Asia. Known for its rich cultural heritage and dynamic workforce, Turkey excels in various sectors, including textiles, automotive, machinery, and construction. The manufacturing sector plays a vital role in Turkey’s GDP, contributing significantly to employment and economic development.
The Turkish manufacturing industry is recognized for its focus on quality and competitiveness. With significant investments in technology and infrastructure, Turkey has become an attractive destination for foreign investment, particularly in export-oriented industries. The automotive and textiles sectors are particularly prominent, driven by increasing domestic demand and strong export performance.
As Turkey navigates global economic challenges, including sustainability and digital transformation, its manufacturing sector remains essential to economic resilience. The country is increasingly investing in green technologies and smart manufacturing practices, reinforcing its commitment to sustainable industrial development. With a strong emphasis on innovation and adaptation, Turkey is well-positioned to continue its trajectory as a key player in the global manufacturing landscape for years to come.