1/14/2009

Foreign investors have full confidence in Turkish economy

Dunya - Speaking at a weekend conference in Ankara on improving the investment environment, Mehmet Simsek, Turkish Minister of State for Economy said that in a UN report on foreign direct investment in 2007, Turkey ranked 23rd in the world and 9th among emerging nations. Stating that Turkey attracted USD 15.3 billion worth of foreign direct investments in the first ten months of last year, he said this shows that international investors have full confidence in Turkey's future. Turkey drew USD 22 billion worth of foreign investment in 2007. Simsek said that the same report indicated that Turkey was one of the 14 most attractive countries for investors for 2008-2010 in terms of business and investment environments as well as the ease of doing business.

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