In the first two months of the year, approximately $2 billion in international direct investment poured into Turkey. The highest investment during this period came from Kazakhstan.

Following the release of the Central Bank of the Republic of Turkey’s Balance of Payments statistics, the International Investors Association (YASED) published the Bulletin on International Direct Investments with Figures. Accordingly, the amount of foreign direct investment (FDI) entering Turkey during January-February increased by 92% compared to the same period last year, reaching $1.996 billion. Since 2002, the total value of FDI inflows to Turkey surpassed $276 billion. In February, the total international direct investment reached $561 million, demonstrating a 205% increase from the same month last year.

Of the mentioned investments, $417 million came from investment capital inflows, $28 million from borrowing instruments, and $134 million from real estate sales to foreigners. Investment disinvestments had a downward effect of $18 million. MOST INVESTMENTS FLOW INTO TRADE In the first two months of the year, wholesale and retail trade investments received the largest share of the $1.35 billion investment capital inflows at 58%, followed by 10% in finance and insurance activities, and 6% in the information and communication sector. As for February investments, wholesale and retail trade led with 26%, followed by information and communication at 13%, finance and insurance activities at 12%, rubber and plastic product manufacturing at 11%, as well as professional, scientific, and technical activities at 9%. In February, the countries making the most international investments were the Netherlands, the United States, Switzerland, the United Kingdom, and Azerbaijan. KAZAKHSTAN LEADS THE WAY In the January-February period, among the FDI flowing into Turkey, other Asian countries took the lead with a 49% share. They were followed by the EU countries at 21%, and the American continent at 12%. Non-EU European countries secured an 11% share. Looking at individual countries, in the two-month period, the largest investments, at 45%, came from Kazakhstan. It was followed by the United States at 11%, the Netherlands at 10%, Switzerland at 8%, and Germany at 5%.