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French firms mull investing close to $5.25 bn in Turkiye by 2027

19 Feb '26

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French firms mull investing close to $5.25 bn in Turkiye by 2027

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French firms are mulling over investing close to €5 billion ($5.25 billion) in the country by 2027, French Minister Delegate for Foreign Trade and Economic Attractiveness Nicolas Forissier recently said.
Turkish Trade Minister Omer Bolat and Forissier also discussed broader Turkiye-EU ties, including progress towards resolving technical issues regarding the customs union.

French firms, which have already invested €3.6 billion in Turkiye between 2020 and 2024, are mulling over investing close to €5 billion ($5.25 billion) in the country by 2027, French Minister Delegate for Foreign Trade and Economic Attractiveness Nicolas Forissier recently said.

He was addressing the Turkiye-France Joint Economic and Trade Cooperation (JETCO) meeting in Istanbul.

Bilateral trade volume reached a record €24 billion as of 2025 and French enterprises contribute employ 400,000 directly and indirectly, he noted.

France’s Limak Group and Bpifrance will implement a new project worth €150 million, the minister announced, while the Ronesans group is set to sign a separate agreement with Bpifrance worth €50 million, according to Turkish media outlets.

French public investment bank Bpifrance provides a total financing facility of €1.8 billion in Turkiye now, he informed.

Turkish Trade Minister Omer Bolat and Forissier also discussed broader Turkiye-European Union (EU) relations, including progress towards resolving technical issues regarding the customs union.

The EU-Turkiye Customs Union entered into force in 1995, but is limited to industrial goods and processed agricultural products. Turkiye has repeatedly called for talks to update the deal, but no concrete steps have been taken.

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