11/16/2011

FDI inflow into Turkey doubled in January-September

Dünya - Foreign direct investments (FDI) reached USD 10.9 billion in the first 9 months of the year, more than doubling the amount of FDI Turkey attracted in 2010. Turkey remains to be the country of choice for European investors, said Turkey’s Minister of Economy Zafer Caglayan, in a written statement regarding the latest developments in the country’s investment environment.

“87 percent of the investments Turkey attracted between January and September originated from European countries which stands proof for Turkey’s high potential, safe haven status in the eyes of global investors,” said Caglayan. “The upwards trend in FDI is continuing as Turkey received USD 901 million of foreign investments in the month of September alone,” he added.

Turkey attracted USD 5.4 billion of foreign investments in the January-September period of 2010. The country posted a GDP growth rate of 10.2 percent in the first half of 2011 over the same period of the previous year. There are over 28,000 foreign companies operating in Turkey as of September.
Turkey; turkish economy; turkey gdp growth; turkey fdi; turkey foreign investments; foreign companies turkey; european investments turkey