News
25.05.2017
258

Turkey sees $2.8 billion FDI inflow in first quarter of 2017

Turkey attracted $2.8 billion net foreign direct investment (FDI) in the first quarter of the year with a 1.9 percent year-on-year increase, data from the Economy Ministry showed on May 23. 

A total of $1.6 billion FDI entered into the country in March, according to the ministry data. 

Some 422 foreign-funded companies and branches were formed and 11 local companies 42 local companies took foreign capital in March, making a total of 54,493 companies with international capital operating in Turkey.  
     
In the first quarter of the year, a total of 1,295 foreign-funded companies and branches were established and 42 local companies lured foreign capital in Turkey, most of which operate in the commerce, real estate and construction sectors. 

Of these 1,337 companies, some 830 were funded by businesses from the Near East and the Middle East, some 210 by EU-based companies and 88 by North African firms.
 
Almost half of the 54,493 international companies operating in Turkey were funded by EU countries by the end of March, with Germany taking the lion’s share with a total of 6,944 companies. Germany was followed by the United Kingdom with 3,011 companies and the Netherlands with 2,737 companies, according to the ministry data.


source: Hurriyet Daily news


25.05.2017

Important news

All news
Life in Turkey

The Turkish Statistical Institute (TÜİK) has sent an official request to the Directorate General of Migration Management to obtain up-to-date information about the closed areas in Alanya.

Read more 22.04.2025
World News

On April 22, 2025, the price of gold on the global market reached a new historical high of $3500 per ounce. This marked a clear signal amid growing anxiety in the global economy and increased demand for safe-haven assets.

Read more 22.04.2025
Life in Turkey

These changes are aimed at enhancing service quality and meeting the growing number of tourists and international flights, especially during the summer season.

Read more 14.04.2025
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
>