Thread: European countries investing the most in Turkey

Turkish Economy Minister Zafer Caglayan has revealed that European countries invest the most in Turkey, making up 86 percent of total foreign direct investments (FDI) that Turkey received in the first 10 months of this year.

Caglayan revealed that FDI in Turkey had reached $436 million in October 2011. Total FDI in Turkey for the period of up to October was measured at $11.5 billion, the figure is an increase of 84 percent when compared with the same period in 2010 where the total was measured at $6.3 billion.

According to Caglayan, Spain and Austria were the two EU nations that invested the most with Turkey. Spain has so far invested $2.18 billion while Austria has invested $2.15 billion so far this year in Turkey with the banking, insurance, and energy sectors in Turkey receiving the highest amounts of investments.

Turkey is currently the premier country to invest in, other nations and businesses and even individual people are putting their money in Turkey. Turkey is a strong growing and developing nation � a fact noted by the recent growth rate recorded at 9.6 percent in the first three quarters of 2011.

If you have money, and you are smart, you invest your money in Turkey for a good chance for profit and a return on investment.