Foreign interest in Turkey rises
Posted by meb at February 3rd, 2007
Foreign companies are getting more and more interested in Turkey, according to a survey carried out by the World Economic Forum among the executives of the multi-national companies in the world.
The survey indicated that foreigners are mostly interested in banking and energy business in Turkey, and emphasized that those investors are planning to merge with Turkish companies or purchase Turkish firms.
This merger and purchasing trend will continue in the emerging markets including Turkey, the survey noted.
International direct investments in Turkey
On the other hand, Turkish Treasury Undersecretariat announced that 18.1 billion USD of net direct foreign investments flew in Turkey between January and November 2006.
According to the international direct investments bulletin of the Treasury Undersecretariat, the amount of portfolio investments in Turkey has been doubled in the first eleven months of 2006 when compared with the same period of 2005, and reached 15.8 billion USD. It was 6.4 billion in the first eleven months of 2005.
83.3 percent of the cash capital inflow came from EU member states (between January and November 2006).
source: www.thenewanatolian.com
Related posts: