Top FDI Stories from Turkey | August '18

Date: Aug 2018

Turkven Invests in Turkish Elif Plastic

Turkven, the leading private equity company in Turkey with a track record of billions of dollars of FDI inflow into the country, has bought a majority stake in the Turkish packaging company Elif Holding.

Established in 2000, Turkven is the first independent private equity company in Turkey. It currently has USD 2 billion of assets under management, and funds advised by Turkven have led 20 investments in Turkey, including equity and debt financing. The international investors in funds advised by Turkven provide the company with a unique global network

Turkey Becomes the 7th Most Popular FDI Destination in Europe

FDI is a lifeblood for economies. Investment decisions such as establishing plants, R&D centers, and developing other assets are signs of confidence in a country. EY’s “Europe Attractiveness Survey” has been tracking these investment decisions since 2000.

According to the EY Attractiveness Survey Europe - June 2018, Turkey became the 7th most popular FDI destination in Europe in 2017 (+3 places from previous year), was home to 229 projects (+66 percent y-o-y) and enjoyed a 3 percent share in all FDI projects across Europe.

These figures once again prove that international investors are confident in the Turkish economy and investment environment at a time when global FDI flows fell by 23.4 percent in 2017 and show fragile growth in 2018.

Click here to view full newsletter.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top