Turkish investment­s abroad reaches $3.2B

Dünya Executive - - BUSINESS - MEHMET KAYA

The accelerati­on of Turkish investment­s abroad experience­d in recent years is continuing. Direct investment­s abroad reached $3.19 billion in the January to November period of 2018, 64 percent of the investment­s coming to Turkey. In addition, if real estate and other types of direct investment­s are included, the 2019 outlook is improving.

According to Central Bank data, Turkey received $10.2 billion in investment­s from January to November, including real estate investment­s of $4.43 billion. The actual investment­s in production and business reached $5.43 billion and the net investment was $4.9 billion when divestment­s were eliminated.

Investment­s abroad for production and business from Turkey reached $3.5 billion while net investment­s were $3.19 billion when divestment­s were elimi- nated. When other equity investment­s are included in net investment­s abroad from Turkey the figure climbs to $3.25 billion. Net investment­s abroad accounted for 63.86 percent of the incoming net investment­s in the same category.

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