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• Foreign investors find Turkiye a safe haven..

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  Mert DAMLAPINAR    Group moderator

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  Foreign investors find Turkiye a safe haven..

  19.09.2008
  
  Today’s Zaman - Recent Treasury figures show foreign companies operating in Turkiye were able to transfer close to $27 billion to their countries of origin between January 2003 and July 2008, while investing a record amount of $65.4 billion in the same period as foreign direct investment (FDI) in addition to creating employment and enhancing the production capacity of the Turkish economy. Analysts see the transfer home of profit by foreign companies as a positive sign for the economy. "It's a win-win situation" said Nurettin Canikli, an economist and expert on finance. Canikli, who is also a member of Parliament from the ruling Justice and Development Party (AK Party), explained to Today’s Zaman that the record amount of transfer of profits will draw more FDI to Turkiye. “The fact that new foreign companies are entering the Turkish market will stimulate Turkish production capacity,” he said..
  
  • 19 Sep 2008, 11:03 pm
  Mert DAMLAPINAR wrote: > 19.09.2008 > > Today’s Zaman - Recent Treasury figures show foreign companies > operating in Turkiye were able to transfer close to $27 billion to > their countries of origin between January 2003 and July 2008, while > investing a record amount of $65.4 billion in the same period as > foreign direct investment (FDI) in addition to creating employment > and enhancing the production capacity of the Turkish economy. > Analysts see the transfer home of profit by foreign companies as a > positive sign for the economy. "It's a win-win situation" said > Nurettin Canikli, an economist and expert on finance. Canikli, who is > also a member of Parliament from the ruling Justice and Development > Party (AK Party), explained to Today’s Zaman that the record amount > of transfer of profits will draw more FDI to Turkiye. “The fact that > new foreign companies are entering the Turkish market will stimulate > Turkish production capacity,” he said..