ISTANBUL

A potential economic recovery in Europe is expected to “greatly influence” investment flows into Türkiye, as the country’s investment environment remains closely tied to economic and regional dynamics, the head of Türkiye’s Investment and Finance Office told Anadolu.

Ahmet Burak Daglioglu said Türkiye attracted around $11.6 billion in investments between January and October this year, speaking on the sidelines of the “Platinum Global 100” awards ceremony held in Istanbul.

“Converted to annualized data for the last 12 months, we can see an investment of around $14.6 billion,” he said, adding: “Compared to the first 10 months of this year versus that of last year’s, it marked an increase of approximately 35%.”

Daglioglu noted that while global investment flows remain stagnant, investments into Türkiye rose around 30% in the first six months of the year, driven largely by the country’s tech startup ecosystem.

“According to the traditional sector classification, wholesale and retail trade ranks first in investments, followed by the manufacturing industry, information and communications technologies, fintech, and logistics,” Daglioglu said, adding: “Some of these sector classifications cover tech ventures, too.”

He said Türkiye’s manufacturing capacity expanded this year, positioning the country as a more active player in global supply chains. Investments increased particularly in manufacturing and logistics, while European countries accounted for most of the top 10 investors, with the exception of Kazakhstan, which ranked second this year.

Daglioglu said projections indicate similar conditions may continue next year, though long-term forecasts remain particularly challenging in this current climate as many central banks worldwide are expected to adjust monetary policies.

“We expect the recovery in the European region to positively impact investments into Türkiye,” he said.

He also noted that 2026 will mark the 20th anniversary of the establishment of Türkiye’s Investment and Finance office. “We will continue our activities to reach global investors at our promotional events, as well as international ones,” he said.

Daglioglu highlighted the UN Climate Change Conference, COP31, as one of the most significant events next year.

“We believe this will mark a milestone for Türkiye, as the event will bring together many world leaders, government officials, and global institutions in the country, which will be a great opportunity for our business community,” he added.