Turkey’s investment agency expects USD 13bn FDI inflows this year.

By bne IntelliNews March 27, 2014

FDI inflows to Turkey is expected to reach USD 13bn this year if the political tension eases after the local elections, head of Investment Support and Promotion Agency, Ilker Ayci, said.

FDI inflows may increase, if the elections show that Turkey’s stability is not threatened, according to Ayci.

FDI inflows that help finance Turkey’s large current account (CA) deficit, amounted to USD 12.87bn last year when the CA shortfall stood at USD 65bn. Finance/banking, insurance, energy and manufacturing were the top industries that attracted FDI last year, Ayci said, adding that greenfield investments rose by 8% y/y to USD 9.5bn. FDI inflows increased 51% y/y to USD 1.21bn in January, according to data of the Central Bank of Turkey. 

Related Articles

Richest Turkish families sell conglomerate shares for more than €500mn

Members of families that own Turkey’s two biggest groups of companies sold stakes in their respective groups for a combined sum of more than €500mn as the benchmark Turkish stock exchange index ... more

Turkey's Erdogan renews attack on high interest rates as tool of exploitation

Turkey’s President Recep Tayyip Erdogan on May 24 returned to one of his well-worn favourite themes, renewing his attack on high interest rates. “I clearly say this: I see high interest rates ... more

More arrest warrants issued in Turkey as Erdogan continues to rule by decree

Turkey, which President Recep Tayyip Erdogan continues to govern under an indefinite state of emergency which allows him to rule by decree, on May 24 issued more arrest warrants for people allegedly ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss