Georgia attracts $417.3 mln in FDIs in Q3 of 2019
The top three couuntries that invested the most in Georgia in Q3 of 2019 were the UK, Netherlands and Turkey. Photo: Nino Alavidze/Agenda.ge.
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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).
FDIs in Georgia in 2017-2019 (Million US Dollars). Photo: Geostat.
The top three countries that invested the most in Georgia in Q3 of 2019 were:
- The United Kingdom - 18.8 per cent
- Netherlands - 16.4 per cent
- Turkey – 10.3 per cent
FDIs by major economic sectors were the following:
- Financial sector - $96 million
- Manufacturing sector - $49.3 million
- Hotels and restaurants - $45.7 million
The share of FDIs in these three major economic sectors reached 45.7 per cent in Q3 of 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.
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Buying securities issued by Georgian companies will be easier for foreign investors, announces the Bank of Georgia.
Azerbaijan, the United Kingdom and the Netherlands were the countries that invested the most heavily in Georgia in 2018. In total, foreign direct investments (FDI) in Georgia amounted to $1.23 billion in 2018 as shown by preliminary data published by the Geostat.
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 Government of Georgia has presented a bill on investment funds earlier today at a government meeting which aims to develop investment funds in Georgia and ensure free competition.
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.
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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).