The Institute of International Finance (IIF) forecast that net foreign direct investment in Türkiye would climb to $22.5 billion in 2007, a slight increase from $22 billion recorded in 2006, according to a report released at a Washington D.C. press conference.
IIF Managing Director Charles Dallara highlighted the notable acceleration in foreign investment flows into Türkiye, citing recent economic progress in the country.
The report also projected that net portfolio investment would grow to $3.7 billion in 2007, up from $2.5 billion the previous year. Banking-sector mergers and acquisitions, along with foreign real estate purchases, were cited as additional drivers of investment inflows.
On the lending side, net commercial bank lending to Türkiye is expected to fall sharply, dropping to roughly $11 billion in 2007 from more than $15 billion in 2006, a trend the IIF attributed to strengthening investor confidence.
Historical summary. TurkishPress restated this wire report, first published in January 2007, in its own words.