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Sunday, February 25, 2018

Foreign investments in Turkey rise 28 percent during first half of 2014

Foreign direct investment inflows into Turkey in the first half of this year amounted to $6.8 billion, up 28 percent compared to the same period last year, according to data released by the country's central bank.

In June alone, FDI reached $990 million, $416 million of which went into real estate. Wholesale and retail trade was the second most popular investment sector, followed by chemical manufacturing, chemical products and pharmaceuticals.

The largest foreign investor in June was the U.K., with $464 million, while the Netherlands was the second biggest foreign investor, with $149 million.

FDI in Turkey for all of 2013 totaled $12.9 billion.