Direct foreign investments increase

Direct foreign investments increase

ANKARA - Anatolia News Agency
The amount of direct international investments made in Turkey in January and February of this year increased 25 percent, Economy Minister Zafer Cağlayan said in a statement released on April 13.

Çağlayan said direct international investments in Turkey had reached $1.7 billion in the first two months of 2012.

‘Turkey a safe harbor’


Turkey is considered a safe harbor for international investors during and after the global economic crisis, said Çağlayan.

He noted the amount of direct international investments made in Turkey in January and February of 2011 had been $1.3 billion.

European Union countries produced 56 percent of the capital inflow in Turkey during January and February of 2012, with the Netherlands and Luxembourg leading them, said Çağlayan.

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