Economy, News

Direct foreign investments in Georgia grows 3% in Q2

by | Sep 15, 2013
foreign direct investment 2011-2013

Direct foreign investment 2011-2013. Preliminary data. (GeoStat.)

TBILISI, DFWatch–Direct foreign investments in the second quarter 2013 was USD 232 million, according to preliminary information.

This is three percent more than in the first quarter and seven percent more than it was in the second quarter of 2012.

According to Georgian Statistics Department, GeoStat, the amount of investments in the first half of 2013 was USD 459 million, which is 96 percent of the precise data from the first half of 2012.

The extent of foreign investments grew in the beginning of 2011 to USD 210 million in the first quarter and USD 343 million at the end of year. However, the number fell in 2012, and in the third quarter reached USD 199 million.

In the fourth quarter of 2012 it was USD 234 million, and in the second quarter of 2013 it was USD 232 million, preliminary data from GeoStat show.

In the second quarter of 2013, top partner countries when it comes to foreign investments were Luxemburg, China, Netherlands, Turkey, Azerbaijan, the United States, Kazakhstan, Switzerland and the British Virgin Islands.

The top investment sectors were energy, manufacturing and transport and communications.



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