Economy, News

Foreign investments in Georgia virtually unchanged in 2013

by | Mar 13, 2014
enguri_dam_Cropped

The top investment sector in 2013 was energy. Here Enguri dam. (Interpressnews.)

TBILISI, DFWatch–Georgia received USD 914 million in direct foreign investments in in 2013. This is 0.3 percent more than in 2012, according to preliminary figures from Georgian National Statistics Department, GeoStat.

According to the figures, direct foreign investments in the fourth quarter of 2013 was USD 217 million, which is seven percent more than in the same period in 2012 and 9.2 percent less than in the third quarter of 2013.

In the first quarter of 2013, the amount of foreign investments was USD 226 million. It was USD 232 million in the second quarter and USD 239 million in the third quarter.

The top sectors in terms of investments were sectors energy, finance and transport and communications. USD 193 million was invested in energy, USD 79 million in finance and USD 138 million in transport and communications.

According to GeoStat, the two countries from where a highest amount of investments originated in 2014 was Netherlands and Luxemburg with USD 180 million and USD 145 million, respectively.

They are followed by China with USD 98 million, Azerbaijan with USD 95 million, Turkey USD 74 million, the United States USD 57 million, the United Kingdom USD 47 million, Malta USD 42 million, United Arab Emirates USD 33 million.

GeoStat will publish precise data aobut direct foreign investments in 2013 on August 15, 2014.



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