International business

Trade and food sectors lure most of foreign investments

Türkiye's wholesale and retail trade claimed 16 percent of equity capital inflows or $46 million in August, according to data released by the Turkish International Investors Association (YASED).

The share of food, beverages, and tobacco manufacturing accounted for another 16 percent, performing above its past cumulative performance.

Not just real estate

More than half of foreign direct investment in Greece was channeled into real estate in the first half of the current year, according to data from the country's central bank. 

Interest in Türkiye growing, says Finance Minister Şimşek

Interest in Türkiye is growing, Finance Minister Mehmet Şimşek has said on social media platform X, after holding talks in Germany during a one-day visit.

He had productive meetings with executives of large companies and investors in Germany, the minister said.

"We are intensifying our efforts to increase international direct investments, which is our main goal," Şimşek added.

European Union countries biggest investors in Türkiye

Most foreign direct investments (FDI) into Türkiye in July 2024 came from European Union (EU-27) countries, the International Investors' Association (YASED) has said in a report, based on the latest balance of payments data.

The EU accounted for 70 percent of FDI inflows, followed by the Americas at 12 percent.

Norway largest investor in Türkiye in May: Report

Norway took the lead in foreign investments in Türkiye in May, the International Investors' Association (YASED) has said in a report, citing data from the Central Bank.

The Nordic country commanded a 39 percent share, followed by the Netherlands at 18 percent, Chechia at 8 percent, Sweden at 5 percent and Azerbaijan at 4 percent.

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