Turkey will have 21 percent more foreign direct investment next year in anticipation of Europe making structural changes and the country’s sovereign rating being upgraded to investment grade, brokerage Integral Menkul Degerler said.

Foreign direct investment flows into Turkey may rise to $17 billion in 2013 from an expected $14 billion this year, Cenk Ulukartal, a member of the Istanbul-based broker’s executive body, said in an e-mailed statement.

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net;