Türkiye Ranks 4th in Europe for Foreign Direct Investment Attractiveness

Türkiye has surged to the 4th position in Europe as the most attractive Foreign Direct Investment (FDI) destination in 2023, according to the latest issue of the EY Europe Attractiveness Survey. This remarkable achievement comes as a testament to Türkiye's strategic positioning and robust investment environment, solidifying its status as a prime destination for investors.

From ranking 7th in 2020 to securing the 5th spot in 2022, Türkiye's impressive climb to the 4th position among the top 10 countries, with 375 FDI projects in 2023, marks a significant milestone. This achievement is further accentuated by a remarkable 17 percent increase compared to the previous year, positioning Türkiye at the forefront of growth among its peers.

Investment Office President A. Burak Dağlıoğlu, highlighted the significance of this milestone, emphasizing Türkiye's pivotal role as an attractive investment hub. Dağlıoğlu emphasized Türkiye's consistent rise in attracting international investment projects, particularly in the aftermath of the Covid-19 pandemic. Despite challenges such as economic slowdown, high inflation, and geopolitical risks, Türkiye has maintained its upward trajectory, demonstrating resilience and adaptability in the face of adversity.

“Despite slowing investment trends across Europe, Türkiye has become an attractive center for international investors by s​trengthening its infrastructure and diversifying its economy. We consider our advancement to the 4th place, surpassing Spain and following France, the United Kingdom, and Germany, extremely positive for the upcoming period as well," Dağlıoğlu remarked.

Dağlıoğlu reiterated Türkiye's dedication to providing top-notch investment experiences to international investors, leveraging its strategic location and robust infrastructure. Moreover, Türkiye's leadership position in manufacturing investments across Central and Eastern Europe (CEE), the Middle East, and North Africa (MENA) regions further solidifies its status as a global investment hotspot. With Türkiye consistently attracting a significant share of manufacturing investments, it stands as a frontrunner in expansion-type investments, reaffirming its appeal to investors worldwide.​
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Türkiye; Resilient Partner; Europe; FDI; Investment; EY