Türkiye attracted USD 2.3 billion of FDI during the first three months of 2023, up 23 percent year-on-year. The total FDI over the last 12 months amounted to USD 13.5 billion.
The top FDI recipient sectors in the January-March period were manufacturing, wholesale and retail trade, financial services, and information and communication.
The top five countries that invested the most in Türkiye in terms of FDI volume were the Netherlands, France, Germany, Ireland, and Luxembourg. In his remarks on the country's FDI performance during the first three months of the year, Investment Office President A. Burak Dağlıoğlu said Türkiye retained its status as a safe haven for international investors despite the global recession.
“In the past few weeks, President Recep Tayyip Erdoğan laid the groundwork for the battery and production facility at the Togg Technology Campus, and new R&D and engineering investments were unveiled. All these developments are a clear indication that international investors' confidence in Türkiye continues," Dağlıoğlu said.