Capital inflow from Asian countries to Turkey increased threefold to $1.7 billion in the first half of the year, while there was a decrease in capital inflow from European Union countries to Turkey,according to information compiled from Economy Ministry.

Capital inflow from Asian countries to Turkey increased threefold to $1.7 billion in the first half of the year, while there was a decrease in capital inflow from European Union countries to Turkey, according to information compiled from Economy Ministry data. While net direct international investment inflow was $6.32 billion in the first half of the year, international capital inflow fell 17.2 percent to $4.4 billion for the same period.

As the EU topped the list for international direct investment capital inflow, their shares in total capital inflow decreased from 69.9 percent to 40.1 percent in the first half of the year compared to the same period of the previous year. Accordingly, capital inflow from the EU, which was $3.7 billion last year, fell to $1.8 billion in the first half of 2015. The Netherlands came first among EU countries with an investment of $586 million, followed by the U.K. with $262 million and Germany with $173 million. Capital inflows from other European countries, excluding the EU, totaled $862 million.

Capital inflow from Asian countries, which was $631 million in the first half of 2014, was $1.7 billion in the same period this year. Thus, shares of Asian countries in international direct investment capital inflow increased from 12 percent to 38.3 percent in the first half of this year compared to the same period last year. Regarding investment distribution, $720 million came from Middle Eastern countries – $406 million from Gulf countries and $292 million from other Middle Eastern countries – and $966 million from other Asian countries.

Capital inflow from the U.S., which was $141 million in the first half of last year, fell to $76 million in the first six months of this year.

Source:DailySabah