Foreign direct investments in Turkey's economy decrease in 2012

Young journalists club

News ID: 78
Publish Date: 10:32 - 18 February 2013
Tehran, YJC. Foreign direct investments in Turkey's economy in 2012 decreased by 37.9 percent compared to 2011 and amounted to $9.9 billion, the Central Bank of Turkey said in a report published on its website on Friday.
Foreign investments were mainly in the construction, finance, food, and insurance service spheres.

In 2012, most investments were attracted from Europe - $7.7 billion. Some $1.8 billion were attracted from Asia, while from South and North America - $465 million.

The UK ($1.99 billion) is leading among the countries investing in the Turkish economy in 2012. The country is followed by Austria - $1.5 billion, Luxembourg - $1.3 billion and the Netherlands - $1.2 billion.

Spain ($163 million) is leading among the countries reducing investments in Turkey. The country is followed by the United States - $998 million, Azerbaijan - $927 million, France - $900 million and Russia - $751 million.
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