European Union countries remained the largest source of investments coming to Turkey

According to international direct investment data released by the International Investors Association (YASED), Turkey saw $664 million in investment capital inflows, $223 million through real estate sales to foreign nationals, and $345 million through debt instruments in October, totaling international direct investment (IDI) inflows.

With investment liquidations having a downward impact of $44 million, total IDI inflows amounted to $1.19 billion.

Looking at the sectoral composition of investment capital inflows, the production and distribution of electricity, gas, steam, and air conditioning stood out with $182 million in investment and a 27% share. Transportation and storage, construction, and wholesale and retail trade were the other sectors that received the most investment in terms of capital inflows, each with a 14% share.

European Union countries remained the largest source of investment capital inflows to Turkey in October, with a 69% share. Among the top five sources of investment capital inflows to Turkey, France accounted for 25% of the total, followed by the Netherlands with 21%, the United Arab Emirates with 16%, Germany with 15%, and the United Kingdom with 9%.

As of the first 10 months of the year, IDI inflows reached $7.8 billion, a 31% decrease compared to the same period last year.

News Source: 12punto