Foreign direct investment in Turkey falls in the first half

ANKARA – Anadolu Agency

Foreign direct investment (FDI) in Turkey reached $6.3 billion in the first half of the year, marking a drop of 9.6 percent compared the same period last year when the figure was $7 billion, the Economy Ministry stated on Aug. 21.

The energy sector took in the largest amount of FDI at $1.27 billion and the manufacturing sector followed at just over $1 billion.

About 40 percent of total FDI came from European Union member countries.

Close to $1.7 billion, about 38 percent of the total, came from Asia, including Gulf countries, up from $631 million in the same period last year.

There were 141 new foreign-funded companies established in June 2015, amounting to a total of 44,245 companies with international capital operating in Turkey.

More than 6,238 were funded by German capital, while U.K. investors financed 2,830 of the companies.