Page 34 - TURKRptNov19

5.3​ FDI
TURKEY -FDI
2013
2014
2015
2016
2017
2018
Jan-Aug
FDI Net (BoP)
9,927
6,287
14,178
10,812
8,845
9,407
4,566
FDI net inflows (BoP)
13,563
13,337
19,274
13,950
11,546
13,044
6,389
FDI net inflows (% of GDP)
1.43
1.43
2.24
1.62
1.36
1.69
-
FDI net outflows (% of GDP)
0.38
0.75
0.59
0.36
0.32
0.48
-
The World Bank’s Doing Business 2020 survey has ranked Turkey at 33rd of 190 economies, an improvement of 10 places versus the 2019 edition of the annual assessment.
The country's points score in the survey which focuses on the ease of doing business improved from 74.3 last year to 76.8 this year.
Turkey was highlighted for making it easier to register property by reducing taxes or fees and cutting the time required to complete the registration process and for making it easier to pay taxes by improving the VAT refund process.
Turkey's rankings in the Doing Business 2020 sub-categories are as follows:
77th Starting a business
53rd Dealing with construction permits 41st Getting electricity
27th Registering a property
37th Getting credit
21st Protecting minority investors 26th Paying taxes
44th Trading across borders
24th Enforcing contracts
120th Resolving insolvency
Serbia, Croatia join race for VW plant but carmaker ‘not actively looking for alternative to Turkey’ as things stand​. Volkswagen said on October 22 that it is not scouting for alternative locations to Turkey as it evaluates plans to build a new billion-dollar car factory.
Andreas Tostmann, VW’s production chief, relayed the position in a press call
34​ TURKEY Country Report​ November 2019 ​ ​www.intellinews.com