Türkiye sees strong foreign direct investment growth in 2024, reaching $7B
Presidential Investment Office published the messages “Invest in Turkiye” and “Nexus of the World” on digital billboards at the Times Square in New York, U.S. on September 22, 2024. (AA Photo)
Türkiye attracted $7.67 billion in foreign direct investment (FDI) during the first nine months of 2024, marking an 8% increase compared to the same period last year, according to the International Investors Association (YASED) on Tuesday.
Equity capital inflows reached $4.33 billion, with wholesale and retail trade leading the sectors, drawing $932 million, or 22% of the total investment.
Real estate investments from foreign investors also saw significant activity, totaling about $2.2 billion during the period.
Top investors in Türkiye
The Netherlands emerged as the largest source of FDI, contributing 19% of the total, followed by Germany at 12% and the United States at 11%, reflecting strong international confidence in Türkiye’s economy.
Meanwhile, in September, Türkiye attracted $1.1 billion worth of FDI, said YASED.
