Turkiye may receive $7.1 Billion more foreign direct investment in H2, says head of investors’ group
Turkiye received foreign direct investments worth $4.8 billion in the first half of 2023, said the head of a sectoral group.
Some $2.5 billion of these investments were mergers, acquisitions or capital inflows, Engin Aksoy, the chairman of the International Investors Association (YASED), told Anadolu.
In the coming six-month period, recovery process in stability and regulations in the country may trigger additional foreign investments worth $7.1 billion, he expected.
Recalling Turkiye’s target to take share of 1.5% from global direct investments,he said the current situation is now below its potential.
The EU countries’ share in foreign direct investments during the first six-month period was at 56%, Aksoy said.
The Netherlands’ share is 23%, Russia has 15%, the United Arab Emirates holds 13%, and Germany and Ireland have 7% each, he said.