ANKARA
Turkish economy minister has said that foreign direct investment that flowed into Turkey in May 2012 was 1.4 billion U.S. dollars.
A statement by Zafer Caglayan said that international direct investment that flowed into the country in the first five months of 2012 rose by 11 percent to 6.5 billion U.S. dollars. "Turkey is a safe haven for foreign investors," he said.
While several countries especially EU states have been suffering from economic problems, Turkish economy continued to grow, he said.
There were problems in the EU banking sector, he said, adding that international direct investment into the Turkish banking and finance sector reached 678 million U.S. dollars between January and May 2012.
International organizations also confirmed that Turkish economy kept growing, the economy minister said.
533 foreign and 53 Turkish & foreign capital companies started to serve in Turkey in the first five months of 2012, he added.
