24,000 foreign companies have opened branches in Turkey over the past five years.
17,905 foreign companies operate in wholesale and retail commerce. Next are 7,948 companies operating in the real estate sector. The production industry claims the smallest segment at 6,308 companies.
Of the foreign companies in Turkey, 20,918 are of European Union origin. Among the EU countries, Germany leads the list with 6,602 companies followed by Britain with 2,933, the Netherlands with 2,610 and Italy with 1,321.
Non-EU European countries have 4,783 companies operating in Turkey. Following Europe, the next region is the Middle East, with 15,417 companies.
Between 2002 and 2016, the country that brought in the most foreign capital is the Netherlands with $21,354 billion. The United States is the second-largest importer of capital with $10,798 billion, and Austria is third with $9,590 billion.
Many businesses believe Turkey’s strategic location at the crossroads of Europe and Central Asia, and its skilled workforce is a winning formula. Turkey, a rising regional hub for manufacturers.