Türkiye attracts $4.7B in foreign direct investment in first half of 2024
USD/TL is trading at 5.47 after seeing the lowest level of the last 4 months with 5.4663, Istanbul, August 8, 2019 (AA Photo)
In the first half of 2024, Türkiye attracted $4.7 billion in foreign direct investment (FDI).
The Netherlands, the United States, Germany, Ireland, Norway and the United Kingdom were the top sources of investment during this period.
According to the International Investors Association of Türkiye (YASED), which published its “International Direct Investment Bulletin” following the release of the Central Bank of Türkiye Balance of Payments statistics, the cumulative FDI inflow to Türkiye since 2002 has surpassed $268 billion.
Of the total FDI received in the first six months, $2.8 billion was as equity investment, $1.5 billion came from real estate purchases by foreigners, and $754 million was in debt instruments.
The report also noted that there was a downward impact of $443 million because of disinvestment, resulting in a net FDI inflow of $4.7 billion for the period.
