In Q2, Amount of FDI in Georgia Totalled USD 151 Million
OREANDA-NEWS. According to preliminary data, in Q2 2014, the amount of foreign direct investments (FDI) in Georgia totalled USD 151 million, that is by 35% less than preliminary data of the same period of 2013; by 27,4% less than the refined data of the same period and by 43%less than in Q1 2014 (USD265million), told it at the National Statistics Service of Georgia (GeoStat).
Summarized preliminary data of Q1 2014 made USD 416million, that is by 9,2% less than preliminary data of the same period of 2013 and nearly by 10% less than the refined data of the same period (USD 460).
The majority of investments in Q2 2014 were made in sphere of transport and communications – USD 101 million, that is by USD 57 million more than in Q12014 and by USD 73 million more than in Q2 2013. Share of transport and communications made 67% of the total FDI in Georgia in Q2 2014.
FDI in transport and communications in HY1 2014 made USD 145 million, by USD 81 million more than in the same period of 2013.
Share of processing industry made 38,4% of the total FDI in Georgia in April-June 2014 – USD 58 million, that is by USD 12 million more than in Q1 2014 and by USD 30 million more than in Q2 2013.
In HY1 2014, FDI in processing industry totaled USD 104 million, by 136% more than in the same period of 2013 (USD 44 million).
In Q2 2014, FDI in energy sphere made USD 45 million (by USD 33 million more than in Q1 2014 and by USD 26 million more than in Q2 2013). Share of energy made 30% of the total FDI in Georgia in April-June 2014.
In HY1 2014, FDI in energy sphere totaled USD 57 million, by USD 66 million less than in HY1 2013.
In April-June 2014, FDI in construction sector totaled USD 21 million, by USD 15 million more than in Q1 2014 and by USD 28 million less than in Q2 2013.
Share of the construction sector made 14% of the total FDI in Georgia in Q2 2014. In HY1 2014, FDI in the construction sector totaled USD 27 million, by USD 27 million less than in HY1 2013 (USD 54 million).
In Q2 2014, FDI in realty sector totaled USD 41 million; in mining industry – USD 11 million; in agriculture – USD 5 million; while in financial sector – USD 127million.
The Netherlands are leading among the investors in the economy of Georgia in Q2 2014 – USD 93 million (62% of the total amount of investments). Then come: Azerbaijan – USD 77 million (51%) and Luxemburg – USD 48 million (32%).
The Netherlands are leading among the investors in Georgian economy in HY1 2014 – USD 174 million. Then come: Azerbaijan – USD 99,9 million and Luxemburg – USD 59 million.
According to the refined data, in 2013, FDI in Georgia made USD 942 million, by 3% more than the preliminary data of 2013 and by 3,3% more than the refined data for 2012 (USD 912 million).
It should be mentioned that Foreign Direct Investments (FDI) made USD 912 million in 2012; in 2011 – USD 1 117 million; in 2010 – USD 553,1 million; in 2009 – USD 658,4 million; in 2008 – USD 1,5 billion; in 2007 – USD 2,01 billion; while in 2006 – USD 1,2 billion.
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