Direct foreign investments in Georgia amounted to $914 million in 2013

Photo: Direct foreign investments in Georgia amounted to $914 million in 2013 / Georgia

Tbilisi, Georgia, March 12
By Nana Kirtzkhalia - Trend:

Direct foreign investments in Georgia amounted to $914 million in 2013, which is 0.3 percent more than in 2012, GruzStat (Georgian National Statistical Service) said on March 11.

The investments amounted to $217 million in the fourth quarter of 2013 which is seven percent more compared to the same period of 2012 and 9.2 percent less compared to the previous quarter, according to the preliminary data.

The volume of direct foreign investments amounted to $226 million in the first quarter of 2013 whilst this figure increased to $232 million in the second quarter and to $239 million in the third quarter.

The major part of $914 million fell to investments in the spheres of energy, finance, transport and communication at $193 million, $170 million and $138 million respectively.

The volume of direct foreign investments in the processing industry made $124 million followed by the construction sector - $54 million, mining industry - $35 million, agriculture - $32 million and real estate - $27 million.

In 2013, the largest share of direct foreign investments fell to companies registered in the Netherlands and Luxemburg at $180 million and $145 million respectively, according to the statistical service.

Investments from China amounted to $98 million followed by Azerbaijan - $95 million, Turkey - $74 million, the U.S. - $57 million, Great Britain - $47 million, Malta - $42 million and UAE (United Arab Emirates) - $33 million.

Translated by L.Z.

Edited by S.M.

Follow us on Twitter @TRENDNewsAgency

Tags: