Turkey received over $500 million in foreign investment in February

Dünya Executive - - OVERVIEW -

Turkey rece ved $511 m ll on n net nternat onal d rect nvestment (FDI) th s February, the Economy M n stry announced Apr l 25. The amount of FDI rose by nearly 12 percent yearon-year, from $457 m ll on n the same month n 2017, but was down from the $602 m ll on

n the f rst month of th s year. In terms of equ ty nvestment - the ma n component of overseas d rect nvestment - d rect nflow to Turkey stood at $280 m ll on, w th 71.4 percent of th s amount com ng from the European Un on. D rect cap tal nflow from EU countr es ncreased by 40.8 percent month-on-month, w th the Netherland­s, Austr a, and Germany represent ng the top three sources of cap tal nflow. “In February, $98 m ll on of the total equ ty cap tal entry was n the manufactur ng sector,” the m n stry sa d, followed by hotels/restaurant­s w th $80 m ll on and the transport/commun cat on/ storage sector w th $44 m ll on.

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