9/14/10

Foreign direct investment in Georgia in II quarter has grown by 11%

Foreign direct investment (FDI) in Georgia in the II quarter compared to the same period last year rose 11% to $ 196.9 million dollars, according to the preliminary data published by the National Statistical Service of Georgia. FDI in the first half amounted to 272.6 million dollars, which is 6,38% less data over the same period last year.

Data on the activity of foreign investors seem, according to experts, rather blankly. In II quarter has become the largest investor in Georgia Holland with 77 million dollars, followed by USA with 42 million, British Virgin Islands (offshore zone) - 32 million, and Japan - 18 million dollars.

The largest share of direct foreign investment - 53% in II quarter has been involved in the transport and communications in the amount of 104.4 million dollars. This is followed by industry - 42 million dollars (21%) and real estate - 33.2 million (17%).

Foreign direct investment in Georgia in the I quarter totaled 75.7 million dollars. In 2009, FDI inflows declined by more than half - up to 658.4 million compared with $ 1.563 billion for the 2008-th.

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