Turkey attracted USD 6.8 billion worth of foreign direct investments (FDI) in the first half of 2014, increasing 28 percent as compared with the same period of 2013, according to latest data released by the Central Bank of the Republic of Turkey. Real estate purchases by foreigners in the said period accounted for USD 2 billion of the total.
In June alone, the country attracted USD 990 million net FDI of which USD 416 million constituted of real estate purchases.
The UK, with USD 464 million, was the largest investor in June, followed by the Netherlands with USD 149 million. Sector wise, wholesale and retail trade, with USD 407 million, attracted the largest amount of FDI in June, followed by Manufacture of Chemicals, Chemical Products, Basic Pharmaceutical Products and Materials with USD 164 million.
Turkey attracted USD 12.9 billion of FDI in 2013.