Turkey's share in global FDI may double: Official

ISTANBUL

Turkey’s share in global foreign direct investments (FDI) can double in the long term with the help of its geographical location, young population and economic dynamics, the head of Turkey’s Investment Office said Tuesday.

Speaking at the Tourism Investments Forum 2020 in Istanbul, Arda Ermut highlighted that the country did not receive a large enough share of global FDI, hovering around 1% over the last 17 years.

“We think this share can easily increase to 1.5% in the short term and to 2% in the long term,” Ermut noted.

“If we calculate that FDI in the world stood at

Read more: Turkey's share in global FDI may double: Official