Economic geography

Türkiye's wholesale and retail trade claimed 16 percent of equity capital inflows or $46 million in August, according to data released by the Turkish International Investors Association (YASED).

The share of food, beverages, and tobacco manufacturing accounted for another 16 percent, performing above its past cumulative performance.

More than half of foreign direct investment in Greece was channeled into real estate in the first half of the current year, according to data from the country's central bank. 

The real estate market and capital inflows from abroad for the acquisition of mainly houses have this year provided a lifeline to the foreign direct investments made in Greece.

Interest in Türkiye is growing, Finance Minister Mehmet Şimşek has said on social media platform X, after holding talks in Germany during a one-day visit.

He had productive meetings with executives of large companies and investors in Germany, the minister said.

"We are intensifying our efforts to increase international direct investments, which is our main goal," Şimşek added.

Most foreign direct investments (FDI) into Türkiye in July 2024 came from European Union (EU-27) countries, the International Investors' Association (YASED) has said in a report, based on the latest balance of payments data.

The EU accounted for 70 percent of FDI inflows, followed by the Americas at 12 percent.

Turkey expects foreign direct investment (FDI) to rise to $12-14 billion this year from around $10 billion in 2023, the head of the presidential investment office said in an interview, with automotive and data center investments on the agenda. 

Türkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period to outline the general framework of the country's policies and guide the practices in the field.

Norway took the lead in foreign investments in Türkiye in May, the International Investors' Association (YASED) has said in a report, citing data from the Central Bank.

The Nordic country commanded a 39 percent share, followed by the Netherlands at 18 percent, Chechia at 8 percent, Sweden at 5 percent and Azerbaijan at 4 percent.

For the seventh year in a row, Public Affairs and Networks is organizing next week's InvestGR Forum: Foreign Investments in Greece, which is the annual event for shaping public debate on issues related to foreign investments in Greece.

After 2022, the record year for foreign direct investments in Greece, FDI nosedived in 2023 following the global trend of FDI reduction, its main causes being the economic recession and geopolitical tensions, as well as the high cost of money.