Direct investments of Japan in Turkey reach 227 million USD

Takahashi said that while direct investments of Japanese companies in Turkey was worth only 2 million USD in 2007, this figure jumped to 227 million by the end of 2011.

Direct investments of Japan in Turkey reach 227 million USD

World Bulletin / News Desk

An attache with the Japanese Embassy in Turkey, Yo Takahashi on Monday said that Japanese firms increased their investments in Turkey in the past five years, a period in which the global economic crisis reached devastating figures.

Speaking to the Anadolu Agency (AA), Takahashi said that while direct investments of Japanese companies in Turkey was worth only 2 million USD in 2007, this figure jumped to 227 million by the end of 2011.

"The Turks and the Japanese are really very close to each other. We need to take steps so the closeness between our peoples get reflected in the economic sector," Takahashi stressed.

"In recent times, our bilateral trade relations are rapidly developing," Takahashi stated.

"Japan's leading economy newspaper Nihon Keizai Shimbun (Nikkei) opened a representation in Istanbul. Three giant Japanese banks are getting more and more interested in the Turkish market every day. Such facts show the development of bilateral economic relations," Takahashi also said.

Last Mod: 20 Ağustos 2012, 12:52
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