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China finds Georgia bad for investments

2010-08-30 11:57

The inflow of investments to the republic dropped by practically one half - Business-Gruzia.

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Kazakhstan is the leader of cuts - by USD 14 mln. The runners-up are the Virgin Islands and China.

Kazakhstan is one of the main trade partners of Georgia.

In the first quarter of 2010 only USD 76 mln were invested in the republic - by two times as little as in the similar period of 2009.

Yet the Agency of Investments of the Ministry of Economy of Georgia sees no reason to panic. For specialists this is an ordinary situation - from time to time investors renounce projects, sell businesses, solve problems within company.

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