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Turkey Property News

Foreign investments in Istanbul up over 100 percent in 2011

Istanbul, 20 February 2012 - A recent report by the Istanbul Chamber of Commerce shows investment in Istanbul has increased by over 100 percent in 2011 compared with the previous year 2010. The report also shows that over 52 percent of the increase comes from foreign investors with the biggest investments coming from Germany, United Kingdom and France. The main sector for the investments was banking and finance, chemicals and plastics and transport. In 2011 nearly 4,700 foreign investors committed 970 million USD to Istanbul which compares with 2010 with 3,000 foreign investors and 450 million USD investment. Source: Invest in Turkey.
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