Turkey attracts $13 bln foreign investment in 2012

Turkey is among the 13 most attractive destinations for foreign capital investment, Amplio Chairman Babaoglu said

Turkey attracts $13 bln foreign investment in 2012

 

 

By Mucahid Eker

ISTANBUL (AA) - Foreign investors do not have reservations about Turkey and do not wish to ecsape the market, Amplio Real Estate Investments co-founder and Board of Directors Chairman Alaeddin Babaoglu said.

Turkey, the 17th largest economy in the world and 6th in Europe, is among the fastest growing economies and has attracted significant foreign capital investments, Babaoglu told  Anadolu Agency.

Indicating that Turkey was among the 13 most attractive destinations for foreign capital investment, Babaoglu noted its commercial potential had become the focus of attention, especially in Middle Eastern markets, due to its economic structure and relations.

Citing world real estate reports, Babaoglu stated that the city of Istanbul had great potential as its existing assets ranked second among emerging market trends while its new merger, acquisition and development opportunities ranked first.

While the number of foreign-owned enterprises was 32,600 at the end of 2012, it has exceeded 34,000 as of June 2013, Babaoglu noted.

“Turkey attracted 13 billion dollars of foreign investment in 2012," he added.

Last Mod: 06 Ekim 2013, 14:07
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