Foreign direct investments (FDI) in Türkiye reached $3 billion (TL 116.07 billion) within the January-March interval, the information from the highest affiliation confirmed earlier this week, reflecting an almost 90% enhance in comparison with a yr in the past, with Kazakhstan rising as the highest investor within the nation within the acknowledged interval.
The quantity of FDI rose by 89% year-over-year within the first quarter of the yr, the International Investors Association (YASED) mentioned in its newest report, citing the central financial institution information.
It mentioned the entire quantity of FDIs since 2002 reached $278 billion.
During the three months, some $1.8 billion price of investments got here as capital funding, growing 40% year-over-year. In the primary three months of 2025, wholesale and retail commerce had a 48% share in funding capital inflows price $863 million.
The affiliation mentioned in March alone that the overseas direct investments amounted to $1 billion.
The head of the Presidential Investment and Finance Office, Ahmet Burak Dağlıoğlu, evaluated the latest figures, highlighting a optimistic development with specific deal with wholesale and retail commerce.
“The 89.3% increase recorded in the first quarter and the annualized figure reaching $13.1 billion are a clear indicator of investors’ confidence in the Turkish economy. The focus especially on wholesale and retail trade, manufacturing and the finance and insurance sectors reveals the diversity and resilience of our economy,” Anadolu Agency (AA) quoted Dağlıoğlu as saying on Thursday.
In the written assertion made by the Investment and Finance Office, it was recalled that based on the March 2025 information introduced by the Central Bank of the Republic of Türkiye (CBRT), the amount of worldwide direct funding coming into Türkiye reached the extent of $3 billion within the first quarter of 2025, growing by 89.3% in comparison with the identical interval of the earlier yr.
In the assertion, it was acknowledged that as of March 2025, the annualized FDI amounted to $13.1 billion and had reached its highest degree since May 2023. It additionally mentioned that Kazakhstan ranked first, the Netherlands second and the United States third among the many nations that invested probably the most in Türkiye within the first quarter of the yr.
According to the assertion, these nations have been adopted by Germany, Switzerland, France, Azerbaijan, Austria, the United Kingdom and Libya, respectively.
When examined on a sectoral foundation, within the first quarter of 2025, the wholesale and retail commerce sector attracted probably the most worldwide direct funding with a share of 48%.
The manufacturing sector ranked second with a share of twenty-two.2%, whereas the finance and insurance coverage actions sector was positioned third with a share of 9.4%.
This enhance, thought-about a results of Türkiye’s secure financial insurance policies and strategic location, exhibits that the nation’s enchantment within the eyes of worldwide traders is strengthening regardless of world financial uncertainties.
In the assertion, Dağlıoğlu famous that inside the scope of their imaginative and prescient of defining Türkiye because the “Nexus of the World,” they’re positioning Türkiye “as an economic power center.”
Dağlıoğlu talked about that Türkiye has grow to be an vital actor in world worth chains and is performing extra strongly than different growing nations with its geostrategic location, gifted human sources and developed infrastructure.
“In an atmosphere the place world direct investments fell by 8% in 2024, Türkiye demonstrated important resilience opposite to world developments by attracting $11.7 billion in funding with a 9.8% surge. This profitable efficiency, carried out below the management of our president, continues unabated within the first quarter of 2025,” he mentioned.
“The data we have regarding the first quarter of 2025 shows that we continue to obtain concrete results from our efforts. The 89.3% increase recorded in the first quarter and the annualized figure reaching $13.1 billion are a clear indicator of investors’ confidence in the Turkish economy. The focus especially on wholesale and retail trade, manufacturing and the finance and insurance sectors reveals the diversity and resilience of our economy. We expect our country’s performance in international direct investments, particularly in the area of qualified investments, to continue increasing. In the upcoming period, we will continue our efforts to improve the investment environment in line with our strategy,” he added.
Source: www.dailysabah.com