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Articles

Turkey Attracted 140 Billion USD in FDI between 2010 and 2016

Written by: Bridgewest

Turkey is one of the largest countries in the world which is among the reasons leading to a high number of developed industries in which investments can be made. Together with the government’s approach toward foreign investments, Turkey is nowadays one of the most attractive destinations for entrepreneurs from every corner of the world. Our company registration agents in Turkey can offer information on the legislation related to foreign investments.

The main factors attracting foreign investors in Turkey

Apart from the its size, Turkey also appeals through its location, as it spans over two continents – Europe and Asia – and thus offers easy access from every part of the world. The workforce which is one of the largest and most well prepared in the world is another factor contributing to Turkey’s attractiveness towards foreign direct investments.

In the last 10 years, Turkey has invested a lot in technology which is used in some of the most important industries in the country: tourism, healthcare, information technology and the financial one which have attracted 140 billion USD between 2010 and 2016.

If you want to open a company in any of the most prolific sectors in this country and need guidance, our company registration consultants in Turkey can advise you.

Where did most of the foreign investments come from?

According to the Ministry for the Economy, out of the 140 billion dollars, 128,5 billion dollars came from 20 countries. Their share accounted for 91.7% of the total foreign direct investments between 2010 and 2016.

The countries which have invested the most in Turkey during this period were:

  • -          the Netherlands with 22 billion USD;
  • -          the USA with close to 12 billion USD;
  • -          Austria with the 9,7 billion USD;
  • -          the UK with 9,5 billion USD.

In percentages, 15.8% of the total direct investments came from Dutch companies, 8% from US companies, 7% from Austrian companies and 6.8% from UK companies.

Other countries which have contributed to the foreign investments in Turkey were Luxembourg, Germany, France, Spain and Belgium in Europe.

Foreign enterprisers who want to start doing business in Turkey can receive company formation services from our local advisors, so do not hesitate to contact us.

 

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