LONDON - Serbia ranks first in a global greenfield FDI performance index, shows an analysis published by the Financial Times.
Serbia scored 12.02 in the index - prepared by fDi Intelligence, a Financial Times data division - and the score "indicates that in 2016 it attracted more than 12 times the greenfield FDI that would be expected for an economy of its size," the daily said.
Foreign direct investment (FDI) into Turkey was $12.1 billion in 2014, making the country the 22nd most popular spot for investors in the world, while the country is expected take in another $12 billion this year, said Ahmet Erdem, head of the International Investors Association (YASED), in a joint meeting with the United Nation's Conference on Trade and Development (UNCTAD) on June 24.
An unusual trend has been the case for the Turkish economy for a couple of years. The country?s outward direct investment has been rising, although it has started to attract fewer FDI.
According to the Central Bank data, Turkey lured around $12 billion of FDI last year, lower than the 2013 figures. Turkey?s FDI inflow has actually been decreasing for a couple of years.