Investment in Turkey keeps growing

Istanbul, 16 August 2012 – According to Turkey’s Economy Minister Zafer Caglayan “Turkey is like a flower garden in attracting FDI”. Turkey’s FDI reached 8.2 billion USD in the first six months of 2012, an increase of 21 percent over the same period in 2011. “These figures are a proof that Turkey is a safe and very important haven for FDI. Turkey attracted USD 1.8 billion of FDI in June 2012. The total FDI inflow to Turkey during the January-June period of 2012 marked an increase of 21 percent compared to the same period of 2011, reaching USD 8.2 billion, up from USD 6.8 billion” according to Caglayan. EU countries seem to be particularly attracted to Turkey and according to Caglayan “77.8 percent of the FDI amount attracted during the January – June period came from the EU countries. The major investor countries during the said period include the UK with USD 2 billion, Austria with USD 1.4 billion and Luxembourg with USD 676 million”. Source: Invest in Turkey