Turkey Ranks 22nd Most Popular Spot For Foreign Direct İnvestors: Association

Foreign direct investment (FDI) into Turkey was 12.1 billion dollars in 2014, making the country the 22nd most popular spot for investors in the world, while the country is expected take in another 12 billion dollars this year, said Ahmet Erdem, head of the International Investors Association (YASED), in a joint meeting with the United Nation's Conference on Trade and Development (UNCTAD) on June 24. According to the UNCTAD 2015 Global Investment Report, Turkey took a share of around 1 percent in global investment. "We expect Turkey will continue to maintain its 1 percent share of global investment with around 12 billion dollars of FDI inflow in 2015" Erdem said. He noted the association members strongly believed Turkey could resolve any problems with the rule of law, tax system, educational system and employment policies in the country through common sense and cooperation to attract more FDI.