a significant increase in Flow of foreign investments were seen in Turkey in 2021, in a recovery that exceeds even the levels before the coronavirus pandemic, senior official He said Saturday.
Foreign direct investment (FDI) increased by 81 percent year-over-year last year Burak Dağlıoğlu, 14.2 billion dollars head of Presidential Investment Office.
In a statement to Anadolu Agency (AA), Dağlıoğlu said, “This figure is above the foreign direct investment inflows to our country since 2016.”
shape up about $8 billion in FDI in 2020, marked with a global Economic reflections of the epidemic. Dağlıoğlu said that investments decreased by 18 percent. in 2020 compared to 35% decline on most global level.
Global FDI fell to around $929 billion in According to the United Nations Conference 2020 on Trade and Development (UNCTAD). Streams, however, have bounced back strongly with an estimated $1.65 trillion. in 2021, 77% year-over-year UNCTAD said ripple last moon.
it’s like turkey also exceeded the annual average of FDI inflow in Dağlıoğlu said that it was years before the epidemic.
Country last year Especially many companies came to the fore announced plans with move section of to Turkey to minimize their production. problems with global supply chains and increased shipping costs.
Europe and Middle East, Turkey says well positioned to take advantage changes with global supply chain. and strategic location and a strong production base is seen as a plus.
your disruptions global economy disrupted supply chains between continents during the pandemic and world short of an abundance of incoming goods and services car parts and microchips to container ships transporting goods across seas.
“Our country strengthens its position in global supply chains and international investors increase their investments. assets in Turkey,” said Dağlıoğlu.
UK’s best investor
about 60% of foreign direct investment in 2021’in He noted that he came from Europe, with asian accounting for 24% and America for 16%.
England became Turkey’s number one investor last It was followed by the USA, the Netherlands, Switzerland, the United Arab Emirates (UAE), Germany, Luxembourg, South Korea, Japan and Ireland.
“Wholesale and retail trade manufacturing industry, information and communication technologies, financial Services and transportation-storage activities were among the sectors in which the most investments were made.
“Wholesale and retail trade industry is forming of investments in our successful technology beginners operating in How are you today area,” he added. “Looking at the subsections of Manufacturing is another important sector. in We see that it has started production with investments. of public transport vehicleschemicals, computers, electronic and optical equipmentfood and beverage products stand out”
Mergers and acquisitions (M&A) in Turkey reached 42.6 billion TL in 2021 in In addition to seven privatization transactions worth 95 billion TL, the Competition Board (RK) last moon.
Most deals took place in electricity generation and distribution sector, followed by plastic packaging production sector, board aforementioned.
Dağlıoğlu said there were 309 M&A transactions in 2021, 50% of making purchases of stocks in envisaged by local companies and an investment by foreign organizations of Around 22 billion TL.
Lifting share in global FDI
“Turkey attracts significant investments” global players thanks to his entrepreneurship business culture, young and tech-agility populationskilled pool of engineers and competitive products and services.”
“Our ecosystem received approximately $1.6 billion in 294 investments rounds in early investments. With this amountTurkey was one of 10 most invested Europe countries,” he added.
“International investors participated” in 44 of 294 investment roundsons account for 89% of overall investment amount”
“Initiatives that are rapidly increasing their scale in in areas such as e-commerce financial technologygaminglogistics technologieslife sciences and deep technologies intent complete significant investment rounds in In the coming years,” said Dağlıoğlu.
Turkey aims to increase its power. share in global According to FDI, 1.5% by government Foreign Direct Investment Strategy Paper for 2021-2023.
your country share in global Foreign direct investment rose to 1% in 2020 was around 0.6% in the previous year year.