News
24.08.2017
602

EU investment in Turkey jumps in first half of 2017

Direct investment from EU countries to Turkey rose by 61 percent year-on-year in the first half of 2017, according to the Economy Ministry.

Investment from the 28 EU states leapt to $2.72 billion between January and June, up from $1.69 billion over the same period last year, the ministry reported on Tuesday.

The rise follows government incentives offered to foreign investors.

EU countries made up two-thirds of all foreign investment over the first six months of the year.

The figures do not account for foreign investment that left Turkey over the same period.

Investment from the Netherlands saw the sharpest increase, rising to $821 million from $403 million in 2016 while German investment dropped to $170 million from $181 million.

Investors from other parts of the world also increased their stake in Turkey.

Asian countries invested more than $1.1 billion, a 138 percent rise on the previous year. This included a 322 percent jump in investment from Gulf states.


source: AA


24.08.2017

Important news

All news
Tourism

The first passengers were the Deputy Prime Minister and Minister of Tourism of Northern Cyprus, Fikri Ataoglu, as well as the Minister of Public Works and Transportation, Erhan Arıklı.

Read more 10.04.2025
News

According to the results of March 2025, the most lucrative investment was the euro, with a return of 3.83%. According to analysts, gold yielded 2.9% for investors, while the BIST 100 index rose by 1.66%.

Read more 10.04.2025
World News

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.

Read more 10.04.2025
Life in Turkey

The municipality of Alanya has implemented important changes as part of the Şehirsel Dönüşüm program, aimed at improving the efficiency and transparency of urban modernization processes.

Read more 09.04.2025
>