Turkey: Foreign Direct Investment in May reaches 831 M USD

Total FDI reaches $3.5B in the first five month of 2016.

ANKARA (AA) - Turkey received $831 million in foreign direct investment (FDI) in May, the Turkish Economy Ministry said in a statement Tuesday.

Foreign investment in Turkey reached $3.5 billion in the first five months of this year, down 41.5 percent compared with the same period last year.

The manufacturing sector got the largest amount of FDI at $512 million, followed by the health sector with $237 million in the period of January to May.

Nearly 64 percent of FDI during the first five months, just over $1.2 billion, came from the EU, and 23 percent of investments were from Asian countries at around $440 million.

There were 322 new foreign-funded companies established in May 2016, making a total of 50,021 companies with international capital operating in Turkey. A total of 6,667 of them were funded by German capital, while U.K. investors financed 2,950.




Turkey Tourism by Umit Dönmez



Tags: turkey foreign, turkey economy, investment, Turkey investment, news turkey, economy foresight, european union turkey, Marc Chenault, turkey tourism, turkey economy stats, turkey development, turkey government, turkey stats, turkey economic assessment, turkey gdp, turkey finance, finance news, turkey finance news, europe economy, turkey growth, turkey gdp 2016, naci agbal, finance minister, turkey finance minister, trade europe, turkey europe, germany economy, fdi, foreign direct investment, foreign direct investment turkey, foreign direct investment europe, Tuba Şahin, turkey attractivity

Print Email

NOTE! This site uses cookies.

If you not change browser settings, you agree to it. Learn more

I understand

A cookie is a small piece of text sent to your browser by a website you visit. It helps the website to remember information about your visit, like your preferred language and other settings. That can make your next visit easier and the site more useful to you. Cookies play an important role. Without them, using the web would be a much more frustrating experience.

  • [javascript protected email address]