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Turkey Attracts $1.18 Billion in Foreign Direct Investment in October

Turkey attracted $1.188 billion in foreign direct investment (FDI) in October.

This data was published in the "Foreign Direct Investment in Numbers Bulletin" released by the International Investors Association (YASED) on Monday.

According to the report, foreign direct investments in Turkey reached $1.188 billion in October, consisting of $664 million in investment capital inflows, $223 million in real estate sales to foreign nationals, and $345 million in debt instruments.

European Union countries maintained their position as the largest source of investment capital inflows into Turkey in October 2023, accounting for 69% of total inflows.

France ranked first among the largest sources of investment capital in Turkey, contributing 25% of total investments, followed by the Netherlands with 21%, the United Arab Emirates with 16%, Germany with 15%, and the United Kingdom with 9%.

The bulletin also noted that total foreign direct investment in Turkey during the first 10 months of 2023 amounted to $7.8 billion.