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Foreign direct investment in Turkey’s economy increased

Business Materials 14 January 2013 16:11 (UTC +04:00)

Azerbaijan, Baku, Jan. 14 / Trend A.Taghiyeva /

Foreign direct investment in Turkey's economy in January-November 2012 increased by 13 per cent compared to the same period in 2011, reaching $8.9 billion, a report of the Turkish Ministry of Economy published on its official website on Monday says.

In November 2012, foreign direct investment in Turkish economy amounted to $727 million.
During the reporting period, most investments has been made by EU countries. Investments from these countries amounted to 75.2 per cent of the total amount.

In January-November, most investment was made in the manufacturing sector which grew by 21 per cent compared to the same period in 2011, amounting to $4 billion.

In November 2012, 36 companies with foreign investments were founded in Turkey.

In the period from January to November 2012, 2300 foreign companies with foreign investment backing were established in Turkey.

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