BAKU, Azerbaijan, Oct. 27
Since the beginning of the year, the largest part of foreign investment in the Turkish economy has been in the wholesale and retail trade, the Turkish Chamber of Commerce and Industry (TOBB) told Trend.
According to TOBB, 4,511 companies were registered in wholesale and retail trade of the Turkish economy since the beginning of the year with a total foreign capital at the level of 1.642 billion Turkish liras ($171.9 million).
"Turkish industry takes second place with 1,083 companies with foreign capital in the amount of 719.506 million liras ($75.3 million)," TOBB said.
According to the ministry, another important sector of the Turkish economy for foreign investors is the real estate sector.
Since the beginning of the year, foreigners have registered 655 real estate companies in Turkey, the authorized capital of which amounted to 243.892 million liras ($25.5 million).
"Despite the COVID-19 pandemic, Turkey's tourism sector is also attractive to foreign investors. Some 528 tourism companies were registered in Turkey in 9M2021 with a total capital of 139.329 million liras ($14.6 million)," TOBB said.
Also, according to TOBB, Turkey’s construction sector is interesting for foreign investors.
"Foreigners in Turkey registered 507 construction companies during the period under review with a total capital of 480 million liras ($50.2 million)," TOBB said.
In addition, it was noted that since the beginning of the year, the total capital of registered companies with foreign capital amounted to 5.053 billion liras ($529 million).