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<\/p>\nForeign direct investment (FDI) inflows to T\u00fcrkiye rose 35% year-over-year in the first ten months of the year, data showed on Friday.<\/p>\n
The total reached $11.6 billion in the January-October period, lifting the total FDI inflows since 2002 to over $285 billion, the International Investors Association (YASED) said.<\/p>\n
In October alone, FDI amount totaled $128 million, the data showed.<\/p>\n
Equity capital inflows stood at $567 million, with real estate sales to foreign nationals coming in at $240 million. <\/p>\n
“However, divestment and debt instruments decreased the overall FDI inflows by $606 million and $73 million, respectively,” the association said in a statement.<\/p>\n
The EU countries accounted for 82% the FDI inflows in October. That share stood at 58% in the 2002-2024 period.<\/p>\n
In October, France had the largest share with 35%, followed by the Netherlands with 16%, Germany with 10%, Belgium with 9% and Switzerland with 5%.<\/p>\n
In the 10-month period, the three countries that invested the most in T\u00fcrkiye were the Netherlands, with $2.8 billion, and Kazakhstan and Luxembourg with $1.1 billion worth of investments each.<\/p>\n
Of the total capital inflows in October, $199 million was invested in the transportation and storage sector, a 35% share.<\/p>\n
The wholesale and retail trade sector followed with an 18% share, and the electricity, gas, steam and air conditioning production and distribution sector with a 9% share.<\/p>\n
In the first 10 months, wholesale and retail trade received $2.8 billion in investments, followed by food manufacturing with $1.2 billion and information and communication technologies with $1.2 billion.<\/p>\n
<\/p>\n
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