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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. ....
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. 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. The 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. As of December 2019, the number of Syrian-owned companies in Turkey was about 13,880, accounting for 29% of the foreign-owned companies in the country, with a capital of about 4 billion Turkish liras ($480 million), the Turkish trade minister said in January 2020. Most of these companies are active in construction, w ....