İTO’s “The Position of Foreign Investors and Capital in Companies that Made New Registries and Closures in 2009” report showed that the largest drop in foreign capital entry took place in the first half of last year. However, foreign capital inflow experienced a comeback in the second half as the adverse effects of the global crisis started to ease, the report noted.
In 2009, 2,532 foreign investors established companies in İstanbul with a total capital of TL 376.5 million, compared to 2,941 foreign interests that opened up firms with a total capital of TL 533 million in 2008.
In a note in the report’s introduction, İTO President Murat Yalçıntaş described the improvement in the second half of last year as an “important indicator of the confidence of real sector investors in the overall economy.” The global crisis had created obstacles in the movement of foreign investments all over the world, he added.
The highest numbers of investors to Turkey in the given period came from Germany, Iran, Azerbaijan and the Netherlands, in descending order. In terms of the amount of capital brought into Turkey, however, the top ranks were occupied by Germany, Britain, South Korea and the Netherlands.
