Azerbaijan, Turkey, Luxembourg –
Georgia’s top direct investor countries in 2016
Tweet 
Share
Georgia is attracting more Foreign Direct Investments (FDIs) in the first nine months of 2016.
The preliminary data released today by the National Statistics Office of Georgia (Geostat) revealed in all three quarters of 2016 Georgia had attracted $1.298 million in FDIs – up five percent from the adjusted data of the same period of 2015.
Meanwhile, only in the third quarter (Q3) of 2016 FDIs in Georgia reached $463 million. If compared to the adjusted data of Q3 2015, the latest figures show FDIs decreased four percent in Q3 2016.
The top three countries that invested the most in Georgia were:
- Azerbaijan (33 percent)
- Turkey (24 percent)
- Luxembourg (11 percent)
In Q3 of 2016 three main sectors of the Georgian economy received 59 percent of all FDIs earned.
The largest share of FDIs ($140 million) went to the transport and communications sector, followed by the construction sector ($69 million) then the manufacturing sector ($62 million).
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.
Georgia enjoyed a record number of Foreign Direct Investments (FDIs) in the first quarter (Q1) of 2016, shows official preliminary statistics released today.
Georgia attracted $1.3 million USD in Foreign Direct Investments (FDIs) in 2015.
Georgia and Azerbaijan’s Defence Ministries have signed a cooperation plan for 2017. The deal was signed yesterday during Georgian Defence Minister’s first official visit to Baku.
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 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).
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).
Georgia has very firm support from Luxembourg for its European and Euro-Atlantic aspirations, Georgian Foreign Minister Mikheil Janelidze said at a joint press conference with the Minister of Foreign and European Affairs of Luxembourg Jean Asselborn.