Azerbaijan invests over $650M in Turkey in 2016

Azerbaijan invests over $650M in Turkey in 2016
# 14 February 2017 13:22 (UTC +04:00)

According to Anadolu agency, 30% of investments were made at late 2016.

In December 2016 $1,991,000,000 was invested in Turkey, which is 17-year high, up 4.5 times from November 2016, 37.4% from 2015.

In 2015 $12.1 billion was invested in Turkey’s economy.

European countries invested $4.265 billion in 2016, while it was $7.98 billion in 2015.

The UK invested $961 million in Turkey, Netherlands invested $956 million, Germany $430 million and Spain $409 million.

Asian countries invested $2 billion. Of this, $652 million was invested by Azerbaijan, $375 million by Qatar.

In December 2016 the UK invested $444 million, Netherlands $394 million, China $300 million, Qatar $285 million and Azerbaijan $175 million.

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