Geostat: Q2’19 FDI USD 187 mln

Foreign direct investment in Georgia reached USD 187 million in the second quarter of 2019, down by 53.7% compared to the same period of last year, according to the preliminary data released by the National Statistics Office, Geostat, on September 9.

β€œThe main reasons for decreasing the FDI included completion of a pipeline project, reduction in liabilities to non-resident direct investors and reduction of the amount of reinvestment,” Geostat explained.

FDI IN GEORGIA IN 2017-2019 in MILLION US DOLLARS. Source: Geostat

The energy sector received the largest share of FDI in the second quarter of 2019 – USD 63.7 million, followed by manufacturing – USD 38.4 million; hotels and restaurants – USD 28.1 million; transport sector – USD 26.5 million; real estate – USD 22.8 million; other sectors – USD 7.6 million.

In the second quarter of 2019, most of the FDI came from Netherlands – USD 58.1 million. The companies registered in Turkey and the United States came next with USD 36 million and USD 27.5 million, respectively. They are followed by Azerbaijan – USD 15.8 million; Panama – USD 15.5 million; Czech Republic – USD 14.8 million and Korea – USD 14.2 million. USD 5.2 million was received from other countries.Β 

Read also:

This post is also available in: αƒ₯αƒαƒ αƒ—αƒ£αƒšαƒ˜ (Georgian) Русский (Russian)