NEWS

Georgia attracts $187 mln in FDI in Q2 of 2019

The main reasons for the drop in FDIs include the completion of the BP pipeline project, reduction in liabilities to non-resident direct investors and a reduction in the amount of reinvestment, announces Geostat.Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 09 Sep 2019 - 14:33, Tbilisi,Georgia

Foreign direct investments (FDI) in Georgia amounted to $187 million in Q2 of 2019 which is a 53.7 per cent decrease compared to the same period of 2018 show the latest preliminary data of the National Statistics Office of Georgia (Geostat).

The 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, announces Geostat.

FDI in Georgia in 2017-2019 (Million US Dollars). Photo: Geostat.

In particular, FDI by major economic sectors was the following:

Energy sector - $63.7 million
The manufacturing sector - $38.4 million
The hotels and restaurants - $28.1 million

The share of FDI by three major economic sectors reached 69.6 per cent in Q2 of 2019.

The top three countries that invested the most in Georgia in Q2 of 2019 were:

Netherlands – 31.1%
Turkey – 19.2 %
The United Stated – 14.7%

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12 Mar 2019

Georgian Prime Minister Mamuka Bakhtadze has responded to recent statistics on foreign direct investments (FDI) in Georgia and explained the reasons for their decrease.

Foreign investors now able to simply buy securities issued by Georgian companies

12 Mar 2019

Buying securities issued by Georgian companies will be easier for foreign investors, announces the Bank of Georgia.

Azerbaijan, UK, Netherlands are Georgia’s top investor countries in 2018

11 Mar 2019

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OECD: Georgia is a distinguished country with attractiveness for foreign direct investments

12 Sep 2019

Georgia is a leading, distinguished country with openness and attractiveness for foreign direct investments, Organisation for Economic Cooperation and Development (OECD) officials said at a meeting with the Deputy Minister of the Ministry of Economy Nikoloz Alavidze yesterday.

Georgian Economy Minister: local investments steadily increasing in Georgia despite drop in FDIs

09 Sep 2019

Local investments are steadily increasing in Georgia despite the fact FDIs have decreased, announced Georgian Economy Minister Natia Turnava today, commenting on the 53.7 per cent drop in the second quarter of 2019 in FDIs compared to the same period of last year.

Georgia attracts $281 mln in FDI in Q1of 2019:
What are the most attractive sectors of the Georgian economy?

10 Jun 2019

Foreign investors have been demonstrating growing interest in various fields of Georgia's economy and especially in social and personal service activities, financial and transport sectors, show the latest preliminary data of the National Statistics Office of Georgia (Geostat).

Georgia attracts $417.3 mln in FDIs in Q3 of 2019

09 Dec 2019

Foreign direct investments (FDI) in Georgia amounted to $417.3 million in Q3 of 2019 which is a 13.7 per cent increase compared to the same period of last year, show the latest preliminary data from the National Statistics Office of Georgia (Geostat).

UK, Turkey, Ireland - Georgia’s top investing countries in 2019

10 Mar 2020

The United Kingdom, Turkey and Ireland were the countries that invested the most heavily in Georgia in 2019, show the preliminary data published by the National Statistics Office of Georgia.In total, foreign direct investments (FDI) in Georgia amounted to $1.26 billion in 2019.

FDIs down 41.7 per cent in Georgia

09 Jun 2020

Foreign direct investments (FDI) in Georgia amounted to $165.4 million in Q1 of 2020 which is a 41.7 per cent decrease compared to the same period of 2019, show the latest preliminary data from the National Statistics Office of Georgia (Geostat).

Georgia attracted $1.31 bln in FDIs in 2019, UK top foreign investor

17 Aug 2020

Foreign direct investments (FDI) in Georgia amounted to $1.31 billion in 2019, which is a 0.3 per cent increase compared to 2018, show the latest adjusted data of the National Statistics Office of Georgia (Geostat).