Turkey receives $600 mln in international capital in october
YAYINLAMA
GÜNCELLEME
Turkey received $600 million in foreign direct investment (FDI) in October, Economy Minister Zafer Caglayan said yesterday. In a written statement, Caglayan said that it has alone indicated how strong the Turkish economy is, while even its major trade partners in the European Union are struggling under serious financial troubles. The October performance brought the total amount of FDI the country attracted in the first 10 months of this year to $11.5 billion, or 82 percent more than what it did in the same period a year ago. Turkey received only $6.3 billion in FDI in January-October in 2010. The most attractive sectors for foreigners to invest in were banking and insurance, with $5.4 billion in the first 10 months this year, Caglayan said, adding that they were followed by the energy and manufacturing sectors, which received $2.7 billion and $1.8 billion, respectively, in international capital in the given period. The most attractive sectors for foreigners to invest in were banking and insurance, with $5.4 billion in the first 10 months this year, Caglayan said, adding that they were followed by the energy and manufacturing sectors, which received $2.7 billion and $1.8 billion, respectively, in international capital in the given period.