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Netherlands & UAE top investors in Turkiye in 2022

10 Jan '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

With five transactions each, Netherlands and UAE were the two nations with the most investments in Turkiye in 2022, according to a recent report by Turkish Competition Authority. The amount of investments made by foreigners in the transactions involving Turkiye-based firms was approximately Turkish lira (TL) 43 billion (about $2.29 billion) in 2022.

Mergers and acquisitions in Turkiye reached TL 86.2 billion in 2022. The overall figure of mergers and acquisitions included seven privatisation transactions that totalled TL 14 billion.

The privatisation deals were completed in various sectors including natural gas import and distribution, as per the report.

In 2021, Turkiye’s mergers and acquisitions reached TL 42.6 billion, and the overall figure included seven privatisation transactions totalled TL 95 billion.

Fibre2Fashion News Desk (DP)

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