12 May in 22:15
Al-Monitor
Syrian investors pumped approximately 58.7 million Turkish liras (about $7 million) into 124 companies during the first quarter of this year, according to statistics published May 1 by the Union of Chambers and Commodity Exchanges of Turkey, Al-Monitor writes. While this was only a fraction of the more than 3,200 foreign companies established in Turkey in cooperation with local Turkish partners in the first quarter, it still shows the value of Syrian investment in the country. A large number of Syrian refugees in Turkey — it was estimated at 3.6 million last year — has helped lead to a 5% overall increase in the number of companies registered in Turkey.