Foreign investment to newly established companies in Turkey increases by 85%

Foreign investment to newly established companies in Turkey increases by 85%
24 April 2019

In the first quarter of 2019, the amount of foreign capital in established companies in Turkey increased by 85% compared to the same period of last year. Egyptians invested 67 million TL in the first three months to become a partner to Turkish companies. Foreign capital investments are expected to sign a new record at the end of 2019.

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ISTANBUL (TR) - Turkey Chambers and Stock Exchanges Union (TOBB), examining the data Success Audit, established the first 3 months in Turkey in 2019 85% increase compared to the previous year, the total foreign capital in the companies announced that 823 million TL. In the same period, the number of companies established by foreign partnership increased by 25% to reach 3 thousand 330. Looking at the activity areas of foreign-owned companies, the wholesale trade sector was the first with 116 million TL, the real estate activities were the second with 48 million TL and the construction sector was the third with 33 million TL. In the first three months of 2019, foreign investors invested the most in the consultancy services and food sector.

Ler 83% of the capital in the newly established foreign-owned companies is from abroad.

The first three months of 2019 compared to last year, the share of foreign companies in the share of foreign capital is more than 10 percent of the Founder of the Audit Audit Financial Advisor Mustafa Kokoya, Başarı The ratio of foreign capital in the first three months of 2018 in the first quarter of 2018, while the rate of this year rate% It's 83. This increase, together with the continued attraction of Turkey's investments in foreign exchange rates fluctuate, and in particular reveals that seen as a safe haven by the neighboring countries, "he said. 22 thousand 290 companies were established in the first quarter of 2019, transferring Köksoya, 290 3 thousand 330 of these companies have foreign partnership. We expect that this figure will break the record at the end of the year with the promotional activities that will attract foreign investors to our country. Yabancı

The biggest interest in Turkish companies is from the Egyptians!

In the first quarter, foreign investors were invested in Turkish companies, and the biggest share in the capital of TL 823 million was Egyptian investors with 67 million TL. Iraqis were followed by Iraqis with 42 million TL and Syrians with 40 million TL. Iranian investors, on the other hand, became the citizens of foreign nationals who had the largest shareholding in 280 companies in the first three months of 2019. While foreigners preferred Istanbul for investment, foreign capital in Istanbul reached 531 million TL in the first three months. Bursa was the second province in which foreigners invested the most, with 35 million TL and Antalya was the third with 26 million TL.

Contact: Tülay Genç | [email protected] | +90 (850) 885 12 55