Turkey’s manufacturing sector could take at least eight months to recover from the damage wrought by the earthquake at the start of February.
This is the assessment of Bindiya Vakil, CEO and co-founder of supply chain mapping and monitoring firm Resilinc, who told The Loadstar the country must expect a “very long and demanding” recovery process.
“Our calculations are based on historical data from similar events, combined with information we received directly from suppliers about the impact on their operations,” Ms Vakil said.
“This eight-month recovery assessment means we estimate facilities to get back to their ‘pre-disruption run rate’ in 32 weeks, which, in practice, means returning to normal, the same as before the earthquake.”
