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Direct foreign investments in Georgia decreased

2009-03-18 12:55

In 2008 direct foreign investments in Georgia decreased on USD 0.7 bn (comparing with 2007) and amounted USD 1.3 bn.

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According to the Department of Statistics of Georgia, the leading investor is the UAE - USD 237.1 mln. USD 165 mln came from Turkey, USD 145.7 mln - from the Netherlands, USD 144.3 mln - from the Virginia Islands.

The leading sphere for investment is the one of transport and communications - USD 364.3 mln, energy sphere is second - USD 253.3 mln, real estate is the third - USD 202.4 mln. Comparing with 2007 investments in real estate increased sevenfold. Whereas investments in other spheres decreased, especially in the banking sphere: from USD 136.9 mln to USD 11.5 mln.

 

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