Foreign direct investment flows to Türkiye surge 23% in 1st quarter

Foreign direct investment flows to Türkiye surge 23% in 1st quarter

Türkiye attracts $2.3B foreign direct investment from January to March

By Tuba Ongun

ANKARA (AA) - Foreign direct investment (FDI) flows to Türkiye soared 23% from a year ago in the first quarter of 2023, according to official data released on Thursday.

Türkiye attracted $2.3 billion in January-March, bringing the 12-month rolling figure to $13.5 billion, showed the Central Bank figures.

The largest amount of FDI flows were from the Netherlands, France, Germany, Ireland, and Luxemburg.

The manufacturing industry received the most FDI with a share of 57%, wholesale and retail trade followed it with 24%, and finance and insurance activities with 4%.

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