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Investments in Georgian economy dropped by half

2010-03-19 16:59

Direct foreign investments in Georgia in 2009 amounted USD 759.1 mln. According to tentative data of the National Statistics Service of Georgia, it's by USD 804.9 mln less than in 2008 - Georgia Times correspondent.

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The investments were divided as following: USD 204.1 mln for industry, USD 153.6 mln - for transport and communications; USD 134 mln - for hotels and restaurants; USD 132 mln - for real estate sphere; USD 79.9 mln - for construction; USD 45.3 mln - for banking sector.

Only investments in construction and banking sector increased; and dropped in all the rest.

The biggest investor in Georgia in 2009 was the UAE [169.8 mln]; the second came Egypt - USD 167.5 mln; the Netherlands - the third with USD 105.7 mln dollars.

 

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