Azerbaijan, Turkey, UK – Georgia’s top investors in Q1 2017
Tweet 
Share
Georgia attracted $403.3 million in Foreign Direct Investments (FDIs) in the first quarter (Q1) of 2017.
FDI’s this year were up 3.7 percent from the preliminary data of Q1 2016, show preliminary data released today by the National Statistics Office of Georgia (Geostat).
Georgia is the only country in the region where the FDI is increasing. If one looks at the statistics of FDI in other countries in the region, one can observe a decline in all other countries," said Georgia's Economy Minister Giorgi Gakharia.
The top three countries that invested the most in Georgia in Q1 2017 were:
- Azerbaijan (24.1percent)
- Turkey (20.2 percent)
- United Kingdom (19.8 percent)
Three sectors of the Georgian economy enjoyed 74.6 percent of all FDIs: the largest share of FDIs ($141.1 million) was allocated to the transport and communications sector, followed by the real estate sector ($80.3 million) then the financial sector ($79.6 million).
Geostat noted the adjusted data will be published on August 15, 2017.
Georgia attracted $1.64 million in Foreign Direct Investments (FDIs) in 2016, show preliminary data released today by the National Statistics Office of Georgia (Geostat).
Georgia’s top direct investor countries in 2016
Georgia is attracting more Foreign Direct Investments (FDIs) in the first nine months of 2016, totalling $1.298 million – up five percent from the adjusted data of the same period of 2015.
Georgia has attracted $445 million USD in Foreign Direct Investments (FDIs) in the second quarter (Q2) of 2016.
Georgia attracted $1.564 billion in Foreign Direct Investments (FDI) in 2015.
Georgian Minister of Economy and Sustainable Development Giorgi Gakharia is paying a two-day official visit to Azerbaijan.
Georgia and Azerbaijan are strengthening ties in various fields of economy to enjoy the benefits of tighter cooperation. Economy Minister of Georgia Giorgi Gakharia met his Azerbaijani counterpart Shahin Mustafayev in Baku
Georgia and Azerbaijan are striving to boost tourism numbers with new projects and activities that are planned for increasing tourists flow into the region, improving touristic infrastructure and services.
Georgia and Turkey are taking actions to widen the existing free trade agreement between them and enable Georgian producers to increase export volume to Turkey.
Azerbaijan, Turkey and the United Kingdom were Georgia’s top investors in 2016, show the latest adjusted data from the National Statistics Office of Georgia (Geostat).
Foreign 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.
Foreign investors have been demonstrating growing interest in various fields of Georgia's economy and especially in transports and communications, construction and the energy sector, show the latest preliminary data of the National Statistics Office of Georgia (Geostat).
Foreign investors have been demonstrating growing interest in various fields of Georgia's economy and especially in transports and communications, financial and construction sectors, show the latest preliminary data of the National Statistics Office of Georgia (Geostat).
Georgian Prime Minister Mamuka Bakhtadze is visiting Azerbaijan for the first time in the position, with his first meeting with Azerbaijani President Ilham Aliyev taking place today.