Business & Finance

Turkey's FDI could reach $16bn in 2014

Published June 24, 2014 Updated June 24, 2014 07:39am

1 min

By Shoaib Ur Rehman

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ISTANBUL: Turkey may attract foreign direct investment (FDI) worth as much as $16 billion this year, International Investors Association vice chairman Akin Kozanoglu said on Tuesday.

Turkey received foreign direct investment of $12.6 billion in 2013, a drop of 4.1 percent compared to 2012, according to data released by the Economy Ministry.

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