Georgia attracts more than $345m foreign direct investments in Q2 2017
Monday, September 11Foreign direct investments (FDI) in Georgia amounted to $346.6 million in the second quarter (Q2) of 2017, shows the preliminary data of the National Statistics Office of Georgia.
This is a 14.3 percent decrease compared to the adjusted data of the same period of the previous year.
The top three countries that invested the most in Georgia during this period were as follows:
• Azerbaijan: $126.9 million (36 percent of all FDIs)
• The Netherlands: $42.9 million (12.4 percent of all FDIs)
• Turkey: $39.3 million (11.3 percent of all FDIs)
Three sectors of the Georgian economy enjoyed 66.3 percent of all FDIs:
• Transports and communications: $130 million (37.6 percent of all FDIs).
• Construction: $70 million (20.2 percent of all FDIs).
• Hotels and restaurants: $29.3 million (8.4 percent of all FDIs).
The National Statistics Office noted that the adjusted data will be published on August 15, 2018.