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Foreign direct investments in Georgia decreased by 42 percent

Business Materials 16 June 2010 14:58 (UTC +04:00)
According to the Georgian Statistics Service, inflow of foreign direct investments in Georgia decreased by 42 percent.

Georgia, Tbilisi, June 16 / Trend, N. Kirtskhalia /

According to the Georgian Statistics Service, inflow of foreign direct investments in Georgia decreased by 42 percent.

According to preliminary data, foreign direct investments in the first quarter comprised $76 million, this figure was $130 million during the same period of 2009.

Turkey has become leader on investments in Georgia's economy. According to the Georgian Statistics Service, in the first quarter of 2010, capital invested in the economy by the Turkish investors amounted to $20,327,000.

The second biggest investor for the amount of investment is the Czech Republic, which invested $19.83 million. Egypt, who held leading positions in 2009, as of January-March 2010 is in third position. According to statistics, the country's investment amounted to $18.024 million.

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