Investment capital influx into Türkiye reached $664 million (TL 19.28 billion) in October, whereas the whole overseas direct funding (FDI) the nation obtained amounted to some $1.19 billion, the info from Türkiye’s International Investors Association (YASED) confirmed on Tuesday.
According to the info launched by YASED, Türkiye secured funding capital inflows value $223 million from the sale of actual property to overseas nationals, and $345 million got here through worldwide direct funding inflows via debt devices.
Due to disinvestments amounting to $44 million, the whole FDI influx was realized at $1.19 billion.
Looking on the sectoral composition of funding capital inflows, the electrical energy, fuel, steam and air-con manufacturing and distribution sector stood out with $182 million in funding and a 27% share.
Transportation and storage, development, wholesale and retail commerce, which accounted for 14% of the whole funding capital inflows every, emerged as the opposite dominant sectors when it comes to funding exercise.
In October, European Union international locations continued to be the most important supply of funding capital inflows to Türkiye, with a 69% share.
Among the highest 5 sources of funding capital inflows to Türkiye, France took the lead with 25%, adopted by the Netherlands with 21% and the United Arab Emirates (UAE) with 16%.
Germany’s share within the whole funding capital inflows, in the meantime, stood at 15%, and the United Kingdom accounted for 9% of the inflows, respectively.
As of the primary 10 months of the yr, there was a 31% lower in FDI inflows in comparison with the identical interval final yr, reaching $7.8 billion, in line with the info.
Source: www.dailysabah.com
