Business

Turkiye continues to offer an international investment environment

In the report of international management consultancy company Kearney, it was stated that Turkiye continues to offer a positive international investment environment with its geographical location with access to many regional markets and its strong infrastructure.

According to the company statement, Kearney has announced the FDI Confidence Index report from sources on the course of global foreign direct investment investments.

The FDI Confidence Index research, which is attended by senior executives of companies with an annual turnover of over $500 million and realizing 95% of global foreign direct investment, is prepared by Kearney every year.

According to the report, foreign direct investments worldwide increased by $64 billion in 2022 compared to the previous year and reached $2 trillion 132 million. This year’s report revealed that managers of global companies tend to increase foreign direct investment in 2023.

82% of senior executives participating in the survey stated that they plan to make more international investments in 2023 compared to last year.

Companies are directed to increase their investments

Kearney Turkiye Director Onur Okutur, whose views are included in the statement, stated that the success in the fight against inflation in many countries and the disappearance of the expectation of a harsh recession led companies to increase their direct investments, “The fact that 63% of the managers who participated in the survey stated that they are more optimistic for the world economy this year is an indicator of this.”

86% of the managers who participated in the survey noted that foreign direct investment has an important place in their profitability and productivity strategies in the next three years.

The research determines the most preferred countries for foreign direct investment according to the survey conducted with international company executives. Accordingly, the USA is at the top of the world with 2,314 points. Canada follows the USA with 2,209 points and Japan with 2,065 points.

For the first time in the 25-year history of the FDI Confidence Index, Kearney also announced the most preferred developing countries for foreign direct investment this year.

Turkiye ranked 15th in this list, which was prepared according to the survey conducted among the executives of global companies with a turnover of more than $500 million.

In the report, it was stated that Turkiye continues to offer a positive international investment environment with its geographical location with access to many regional markets and its strong infrastructure.

Within the scope of the research, global executives also announced their predictions about the developments that may take place this year.

Data revealed that commodity prices are expected to increase the most this year.

Source: Trthaber / Prepared by Irem Yildiz

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