By Alimat Aliyeva

In January-November 2024, foreign direct investments totaling $9.6 billion were made in the Turkish economy, Azernews reports.

According to YASED statistics, from the beginning of 2002 to the end of 2024, the total volume of foreign direct investment in Turkey exceeded $273 billion.

In November 2024 alone, foreign investment inflows into the Turkish economy amounted to $1.139 billion.

In terms of global regions, the European Union ranked first for investments in Turkiye in 2024, accounting for 64% of all foreign investments.

Among individual countries, the Netherlands led with 20% of the total investments, followed by Germany with 13% and the United States with 11%.

Turkiye’s strong position in attracting foreign investments is a testament to its strategic location, which bridges Europe, Asia, and the Middle East. Additionally, Turkiye’s ambitious infrastructure projects, favorable investment climate, and growing focus on technology and innovation have made it an attractive destination for international investors. The country’s appeal continues to grow as it aims to enhance its role as a hub for global trade and investment.