Türkiye ranks fourth in European investment in 2023

According to Daglioglu, a report by audit and consulting firm EY found a significant fall from the previous year in foreign direct investment (FDI) projects in Europe for the first time since the pandemic.

2023 saw 5,694 investment projects announced in Europe, down four percent from the previous year, due to factors such as low economic growth, high inflation, rising energy prices, and geopolitical risks.

Daglioglu added that France led in attracting the most projects last year but saw a 5 percent decline from 2022. The UK, in second place, saw a six percent annual rise in projects. Germany, at third, suffered a steep 12 percent drop in project numbers.