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FDI in Georgia

By Messenger Staff
Wednesday, June 19
In the first quarter of 2013 Georgia received $226 million USD in foreign direct investments (FDI) which is less $43 million USD compared to the same period last year. Altogether in 2012, Georgia received $683 million FDI. Economic analysts suggest that foreign investors are in the stand-by position as they are concerned with the current political and economic situation in Georgia, which is determined by the change of government during the parliamentary election last October and the upcoming presidential election. It should be mentioned that most companies investing in Georgia are registered in offshore zones. There is suspicion that some investments coming to Georgia from offshore companies are in fact money belonging to Georgian nationals, who have been keeping their money abroad so far and now want to invest in Georgia. .