Türkiye’s FDI Inflows Surge by 35% in Q1 2024

Foreign Direct Investment (FDI) in Türkiye has shown exceptional growth in the first quarter of 2024, with inflows increasing by 35% compared to the same period last year. This significant uptick in foreign investment signals growing international confidence in Türkiye’s economy and business environment.

Key Highlights

• Total FDI reached $8.5 billion in Q1 2024
• Technology sector attracted 40% of total investments
• Manufacturing sector saw 25% increase in foreign investment
• European investors led the investment surge
• Asian investments showed significant growth

Sector-wise Distribution

The technology sector emerged as the leading recipient of FDI, followed by manufacturing and services. This trend reflects Türkiye’s growing reputation as a technology and innovation hub.