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Azerbaijan's investments in Georgia are growing

2011-12-12 16:21
Azerbaijan's investments in Georgia are growing. 25614.jpeg

According to information released today by the specialists of the Georgian statistical office "Gruzstat" ("Sakstat"), during the first three quarters of this year Azerbaijan has invested $ 40.4 million in Georgia. This reported by Trend referring to Georgian statisticians.

Thus, according to the first quarter of 2011, the Azeri investment in Georgia amounted to $ 11.7 million, in the second - $ 13.2 million, in the third quarter - $ 15.5 million. Thus, the experts note steady increase of the Azerbaijani Investment in the neighboring country.

According to the third quarter, foreign direct investment in Georgia amounted to $ 266.0 million. According to the calculations of statisticians, it's a 66 percent increase over the same period last year.

According to the first three quarters of 2011, foreign direct investment in Georgia amounted to $ 643.0 million. According to "Gruzstat", most investments in Georgia this year came from the Netherlands - $ 134.7 million, Denmark - $ 99.8 million, Cyprus - $ 80.8 million.

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