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Turkey: Foreign investment falls 9.6 pct in first half
(MENAFN- The Journal Of Turkish Weekly) Foreign direct investment (FDI) in Turkey reached $6.3 billion in the first half of the year, the Turkish Economy Ministry said in a statement on Friday.
FDI decreased by 9.6 percent compared with the $7 billion invested in the same period last year, the statement said.
The energy sector took in the largest amount of FDI at $1.27 billion, and manufacturing sector followed at just over $1 billion.
About 40 percent of total FDI came from the EU.
Close to $1.7 billion, about 38 percent, was from Asia, including Gulf Countries, up from $631 million in the same period last year.
There were 141 new foreign-funded companies established in June 2015, making a total of 44,245 companies with international capital operating in Turkey.
More than 6,238 were funded by German capital while U.K. investors financed 2,830.
FDI decreased by 9.6 percent compared with the $7 billion invested in the same period last year, the statement said.
The energy sector took in the largest amount of FDI at $1.27 billion, and manufacturing sector followed at just over $1 billion.
About 40 percent of total FDI came from the EU.
Close to $1.7 billion, about 38 percent, was from Asia, including Gulf Countries, up from $631 million in the same period last year.
There were 141 new foreign-funded companies established in June 2015, making a total of 44,245 companies with international capital operating in Turkey.
More than 6,238 were funded by German capital while U.K. investors financed 2,830.
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