Turkey expecting investment boost

Turkey could see a wave of foreign direct investment from 70 international companies seeking growth and profitability in the wake of the global recession in the next year, according to Turkish-language magazine Capital, Hurriyet Daily reports.
These investments may total $12.5 billion, the magazine reported, quoting a recent report by BCG Partners.
Turkey saw $8.9 billion in FDI last year.
According to the report, 80 percent of this FDI is expected to come from greenfield investments and merger and acquisition transactions.