4/24/2012

FDI inflow to Turkey hits USD 1.6 billion in 2 months

Hürriyet - Turkey’s foreign direct investment inflow saw a 25 percent increase in the first two months of 2012, exceeding USD 1.6 billion. Capital inflow to the country reached USD 1.28 billion, while real estate purchases by foreigners amounted to USD 305 million.

The manufacturing sector shined with a 97 percent increase in the breakdown of the January-February investment inflow. The sector recorded an investment total of USD 352 million up from 178 million in the same period last year, while the field of property rentals and business activities more than doubled to USD 202 million from last year’s USD 92 million.

The social and healthcare works sector attracted USD 273 million of foreign investments from having no investments at all in the first two months of 2011. Foreign investments in community, social and personal service activities rose from USD 3 million to USD 45 million and in the mining and quarrying industry from USD 5 million to USD 22 million.
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