Record-breaking forecasts for foreign investments in Turkey 2023

Officials from the Investment Office of the Presidency of the Republic of Turkey stated that the volume of foreign investment flowing into Turkey exceeded 13 billion dollars last year, with expectations of breaking records this year, 2023.

Turkey Awaits Record-Breaking Investments in 2023

Coinciding with the growth witnessed by the Turkish economy on one hand, and the acceleration of foreign investments in recent years on the other, foreign investments in Turkey are expected to gain unprecedented momentum. Turkey is expected to break the record of foreign investments that flowed into the country last year, which amounted to 13.3 billion dollars.

In a press statement to Anadolu Agency in London, Burak Daglioglu, Head of the Investment Office of the Presidency of the Republic of Turkey, confirmed that Turkey receives 1% of global investments and aims to increase this percentage to 1.5% in the coming years.

Daglioglu noted that data for the first four months of this year showed that the volume of investment in Turkey flowing from abroad reached 4 billion dollars, while it reached 14 billion according to data for the past 12 months. He also pointed out the potential to attract many foreign investors in the coming years, especially since the period following the elections held last May witnessed increased foreign investment activity in Turkey, and investors' interest in investment projects in Turkey has grown.

The Volume of Trade Between Turkey and the UK Reached 19 Billion Dollars

Regarding commercial investment between Turkey and the UK, Daglioglu mentioned that the trade volume between Turkey and the UK reached approximately 19 billion dollars, noting that the 3,200 British companies contributed about 13.5 billion dollars out of more than 250 billion dollars of direct international investment in Turkey over the past twenty years.

Daglioglu pointed out that Turkey is a strong, resilient, and fast-growing country, providing an investment environment suitable for investors' aspirations. It is heading towards many investment opportunities in various sectors and will become a center for production, research and development, and management in the region, and can serve as a hub for access to international markets.

Editing: Imtilak Real Estate©

Did you like our topic? You can share it with your friends!