Economy

Foreign investment up 81% in Q2 of 2015

by | Sep 10, 2015
agara_road

A section of the E60 motorway under construction at Agara. (Interpressnews.)

TBILISI, DFWatch–Direct foreign investments in Georgia went up 81 percent in the second quarter, compared to the same period in 2014.

The jump in foreign investment became known Wednesday as Georgia’s National Statistics Department presented preliminary figures, that it collated with precise data from last year, revealing that the amount of foreign investments in the second quarter of 2015 was USD 355 million.

Top among countries investments originated from were Azerbaijan with 45 percent, the Netherlands 19 percent and Turkey 12 percent.

The biggest share of investments were seen in the transport and communication sector with USD 207 million, next the finance sector USD 41 million and manufacturing USD 30 million.

Looking back on the numbers from previous years, the third quarter of 2014 was the most successful with USD 726 million, while the first quarter of 2015 was least successful with USD 175 million investments.

Precise data about foreign investments in 2015 will be published on August 15, 2016.



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