Amount of FDI in Georgia Totalled USD 260 Million in Q1
OREANDA-NEWS. In Q1 2014, the amount of foreign direct investments (FDI) in Georgia totalled USD 260 million. The amount is 15% more than that of the same period of the previous year and 20% less than the FDI in Q4 2013 - told it at the National Statistics Office of Georgia (GeoStat).
FDI totaled over USD 226 million in Q1 2013 and USD 217 million - in Q4.
Foreign Direct Investments in the finance sector made 34% of the foreign direct investments made in Georgian economy in the three months of the current year - USD 89 million, that is by USD 24 million more than in Q1 2013 and by USD 45,9 million more than in Q4 2013.
In January-march 2014, FDI in the processing industry made USD 46 million, that is by USD 31million more than in Q1 2013 and by USD 10million more than in Q4 last year. Foreign direct investments in the processing industry made 34% of the total foreign direct investments made in Georgian economy in the three months of the current year.
Foreign direct investments in the transport and communications sphere made USD 44million, that is by USD 32million more than in Q1 2013 and by USD 11 million more than in Q4 last year. Foreign direct investments in the transport and communications sphere made 17% of the total foreign direct investments made in Georgian economy in the three months of the current year.
In Q1 2014, FDI in the mining industry totaled USD 15 million; in real estate - USD 13million; in construction sphere - USD 6million, while in energy sphere - USD 5million.
The Netherlands are leading among the investors in the economy of Georgia in Q1 2014 - USD 73million, that is 28% of the total foreign direct investments. Then comes Azerbaijan - USD 47 (18%) and the UK - USD 35million (13%).
The aggregate preliminary data as of Q1-Q4 2013 made USD 914million, that is by 6% more that than of the same period of 2012 (USD 912million) and by 0,3% less that the refined data of 2012.
According to refined data for 2012, the amount of Foreign Direct Investments (FDI) made USD 912 million or 82% of the refined data for 2011 (USD 1 117 million) and by 6% more than the preliminary data for 2010 (USD 865,2 million).
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