Third quarter FDI up 3% to 239 million USD

Foreign direct investments (FDI) in Georgia amounted to 239 million USD in the third quarter (Q3) of 2013 (preliminary data) up 3 % from the preliminary data of Q2 2013 and 20% from the adjusted data of Q3 2012, according to the information of the Georgian state statistics office, Geostat, released on Monday.

Share of FDI by major economic sectors reached 81% in Q3 2013. The largest share of FDI was allocated in financial sector, reaching 48 million in the Q3 of 2013.

The financial sector is followed by transports and communication sector by 47 million USD, energy with 33 million USD, construction 21.4 million USD, manufacturing 17.1 million USD, agriculture 11 million USD, mining 10.6 million USD, hotels and restaurants 5.5 million USD.

The International Organizations were the largest investors in the Q3 2013 with 48.9 million USD, followed by the United States with 35.4 million USD, Netherlands 31.7 million USD, Turkey 31.0 million USD and United Kingdom 29.1 million USD.