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ECONOMY

Foreign direct investment flows to Türkiye hits $1.5B in 1st quarter

ANKARA

Foreign direct investment (FDI) flows to Türkiye amounted to $1.5 billion in the first quarter of this year, the International Investors Association (YASED) said on Monday.

Citing to data from the Turkish Central Bank, the sectoral group said equity capital inflow totaled at $1.2 billion in January-March.

Türkiye received $796 million through real estate investments from foreigners, it added.

The Netherlands was the largest source of FDI flows into Türkiye, accounting for 25% of the total, followed by the US with 21% and Germany with 12% over the three-month period.

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