Foreign direct investments in Turkish economy increase by quarter

Business Materials 13 April 2012 18:39 (UTC +04:00)

Azerbaijan, Baku, April 13 /Trend A.Taghiyeva/

Foreign direct investment in Turkey increased by 25 percent in January-February compared to the same period in 2011, reaching $1.7 billion, the Central Bank of Turkey said.

According to the report, 56 percent of foreign investment in Turkey accounts for the share of EU countries. During this period, $385 million in total investment accounts for the Netherlands and $144 million - Luxembourg.

Most of investment over the period accounted for the manufacturing industry - $352 million, the services sector - $273 million and the sector of food and drinks - $56 million.

Eighty foreign companies and 16 companies with foreign investment were registered in Turkey in January and February of 2012. Thus, there were 29.579 thousand of companies with foreign investment in Turkey January-February 2012.