World Economy

FDI in Turkey Increasing

FDI in Turkey IncreasingFDI in Turkey Increasing

Direct investments made by European Union countries in Turkey increased by 42% in the first four months this year, compared to the same period last year, as the total amount reached $1.7 billion, Anadolu Agency reported. During that period, Spain was the top investor with $961 million, followed by Belgium with $209 million, Germany with $123 million, the Netherlands with $122 million, Austria with $114 million, France with $15 million, England with $25 million, Italy with $22 million and other EU countries with a combined $131 million. Meanwhile, total investments from Asian countries have also increased significantly. In the first four months of this year, capital inflows from Asian countries to Turkey increased by 140% to reach $870 million, from last year’s $362 million. At the same time, investments from the Persian Gulf Arab states rose by a staggering 414%, reaching $550 million from just $107 million. FDI inflows to Turkey increased by 2% to reach $3.6 billion in the same period, when the capital item of foreign direct investment inflows increased by 77% to reach $2.6 billion.


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