YASED published the International Direct Investments Bulletin in Numbers. The bulletin revealed that there was a high level of direct investment inflows to Türkiye in October and November last year. The amount of International Direct Investment (UDY) entering Türkiye in November was recorded as 1 billion 260 million dollars.
However, there was a 27 percent decrease in the 11 months of 2023 compared to the same period of the previous year, and the total FDI inflow amounted to 9.2 billion dollars.
In November, it played an important role in the sectoral distribution of FDI inflows. During this period, the finance and insurance sector constituted $318 million of the $642 million FDI inflow, representing 50 percent of the sector's total inflow. A large part of the investments in the finance and insurance sector ($300 million) were directed to the banking sector. In addition, the "wholesale and retail trade" and "manufacture of computers, electrical-electronic and optical products" sectors were also important in terms of investment capital inflows.
It was stated that in November 2023, Qatar stood out with a 47 percent share in investment capital inflows. It was also emphasized that Middle Eastern countries have a share of 51 percent in total. In the same period, Germany invested in Türkiye with a share of 11 percent and the United Kingdom with a share of 7 percent. It was noted that in the January-November period of 2023, European Union countries received a 56 percent share of total investments, while Middle Eastern countries had an 18 percent share.
Comments
No comment yet.