Economy

Foreign investments up 39% in 2014

by | Mar 12, 2015
Sinohydro_Corp_Tbilisi-Rustavi_road

The new Tbilisi-Rustavi road is a Chinese investment. (Interpressnews.)

TBILISI, DFWatch–Direct foreign investments in Georgia in 2014 was 39 percent more in 2014 than it was in 2013, according to a new preliminary report of the National Statistics Department (Geostat).

The amount of the investments in 2014 was USD 1,272 million. In 2013, it was USD 942 million, USD 912 million in 2012, USD 1, 117 million in 2011 and USD 814 million in 2010.

Georgia’s top three partner countries in terms of investments are the Netherlands with 26 percent, Azerbaijan 24 percent and China 15 percent. Among the top ten countries there also are UK, Luxemburg, US, Turkey and Russia.

The biggest amount of investments were implemented within transport and communications, USD 343 million, which is 27 percent of the total amount in 2014.

There was also much investments in constructions, USD 295 million, and manufacturing, USD 174 million.

Other popular sectors to invest in were energy, private property, finance sector, hotel and restaurants.

Precise data on direct foreign investments in 2014 will be published by GeoStat in August 2015.



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