8/3/2012

Caglayan: Turkey is the 23rd global FDI recipient

Dunya - Turkey’s Economy Minister Zafer Caglayan said FDI inflow to Turkey in the first five months of 2012 rallied full steam ahead and rose by 11 percent compared to the same period of the previous year despite the uncertainties in the global economy, hitting USD 6.5 billion. Stressing that they attach great importance to direct investments, Caglayan said Turkey became the 23rd global FDI recipient in 2011. He added, “I expect that the FDI inflow to Turkey will hover at around a level of USD 20 billion this year. Turkey is ready to host new investments in this field.”

 

Speaking at the meeting of the Coordination Council for the Improvement of Investment Environment (YOIKK), Minister Caglayan said, “As regards all our politics, Turkish Ministry of Economy is taking steps with this global situation in mind. We are aiming to triple the current volume over the next 11 years, and I often state that we cannot reach our 2023 targets by going through the same paths that took us to this point.”