FDI figures in million U.S. dollars per quarter in 2013-2015. *2015 – preliminary data. Source: Geostat
Foreign direct investment rose by 4.9% year-on-year to USD 530 million in the first half of 2015, driven mostly by inflows into the transport and communications sector, according to preliminary data released by the Geostat on Wednesday.
After falling by more than 43% y/y in the first quarter of 2015 to USD 175 million, FDI increased to USD 355 million in the second quarter, up by 81.1% compared to the same period of last year, according to preliminary data.
Transport and communications attracted most of the FDI in January-June, 2015 – USD 353 million, followed by construction sector – USD 49 million; financial sector – USD 37 million; manufacturing – USD 35 million; hotels and restaurants – USD 35 million; energy sector – USD 20 million; mining – USD 19 million; real estate – USD 10 million; agriculture – USD 9 million. “Other sectors” recorded negative FDI inflows of USD 39 million in the first half of the year, according to Geostat.
Most of the FDI came from Azerbaijan in the first six months of 2015 – USD 219 million, followed by companies registered in the Netherlands – USD 90 million; Turkey – USD 68 million; UK – USD 44 million; Luxembourg – USD 32 million; France – USD 11 million; China – USD 8 million; Kazakhstan – USD 4 million.
FDI in 2014 increased 86.6% year-on-year to USD 1.75 billion, the biggest inflow since 2007, according to Geostat.
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