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Bankpozitif's Chairman Dr. Erkan Kork: "Türkiye Will Continue to Attract Qualified Investments"

İstanbul – Türkiye received $4.7 billion in international direct investment in the first six months of this year. The Netherlands, USA, Germany, Ireland, Norway, and the United Kingdom were the primary sources of this capital influx.

BankPozitif Chairman Dr. Erkan Kork highlighted Türkiye’s resilience amidst a global downturn in investments. He noted the nation's appeal due to an entrepreneurial culture, young workforce, and competitive offerings. Türkiye aims to increase its share of global investments from 1% to 1.5%, supported by political stability and reforms.

With price stability, Kork foresees a surge in new investments. He praised the efforts of the Türkiye Cumhuriyet Merkez Bankası and observed improvements in the current account balance and the Turkish Lira's position.

Kork emphasized significant potential in the fintech sector. Since 2002, Türkiye has attracted over $268 billion in international direct investments, 28% of which contributed to reducing the current account deficit in the first half of 2024. He sees continued capital inflows not only from Europe and the USA but also from the Gulf countries.

R. P.

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