Turkish minister says Turkey safe haven for investments

Economy Minister Zafer Caglayan released a statement regarding figures on international direct investments in Turkey in June.

Turkish minister says Turkey safe haven for investments

Turkish economy minister said on Thursday that 92 percent of increase in foreign capital inflow to Turkey year-on-year in the first half of 2011 showed that Turkey was a safe haven for investments.

Economy Minister Zafer Caglayan released a statement regarding figures on international direct investments in Turkey in June.

Recalling that international direct investments in Turkey reached 826 million U.S. dollars in June 2011, Caglayan said that international direct investments rose by 92 percent to 6.2 billion U.S. dollars year-on-year in the first six months of 2011.

88 percent of capital inflows was from EU countries and it showed that Turkey was advancing on its way to become a base of goods and services of Europe and Eurasia.

Caglayan added that they expected over 10 billion USD of direct foreign capital inflow to the country in 2011.

AA

Last Mod: 18 Ağustos 2011, 17:27
Add Comment