2010 FDI in Georgia
By Messenger Staff
Mondady, March 14The results of the FDI for the fourth quarter of 2010 have become available in Georgia. In this period USD 120 mln was invested so, altogether, Georgia received FDI worth USD 553 mln in 2010. This is 16% less than in 2009. This is a very worrying fact because in the beginning of 2010 Georgian authorities expected to receive over USD 1 bln.. In 2010, the biggest investor in Georgia was the Netherlands, then USA and Russia followed by international financial organizations, Azerbaijan, UAE, Turkey and so on. The biggest share of investments was targeted towards the transportation and communication sectors. Next on the list were industry and banking followed by real estate and energy. Agriculture, healthcare and education received only a small amount of investment from abroad.