Turkey is the 15th most attractive destination for Foreign Direct Investment (FDI) in the world (UNCTAD World Investment Prospects Survey, 2008-2010. As a relatively young and developing country Turkey is wide open for Foreign Direct Investment. The official numbers below, which I provided from Presidential Treasury Undersecretaries of Republic of Turkey, prove that or FDI in Turkey is also developing and return of investment is almost guaranteed.
By the end of October 2005, 9.778 foreign-funded companies and branch offices have been established, 1.929 local-funded companies have been affiliated with foreign funds and in total 11.707 foreign funded companies are in transaction in our country. And finally as of the end of 2009, more than 23,000 companies with foreign capital were operating in Turkey.
And here it is available to compare FDI USD million Inflow to Turkey by years.
When the FDI law in Turkey has been established in June 17, 2003 it has been an obvious increase in the number of companies and the number of foreign-funded companies have raised in a rate of 88.4% compared to the previous year. After the date when the law became effective 5.429 foreign-funded companies have commenced operation in our country and 232 of these had more than $500.000 stock.
Foreign investment in the service sector increased by 22.3 percent to $1.462 billion (January through July 2010). The most attractive sub-service sector was brokerage houses with an increase of 152 percent in FDI to $715 million. Also there are other sectors which are attractive for potantial investors