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Georgia gets $174-million-foreign investments in first quarter

Business Materials 27 June 2011 17:49 (UTC +04:00)

Georgia, Tbilisi, June 27 / Trend N. Kirtskhalia /

The foreign direct investments in Georgia's economy amounted to $174 million in the first quarter of 2011.

This figure is 2.3 times more compared to the same period of 2010 and 1.5 times more than in 2009, the Georgian Statistics Agency told Trend.

The investments from the EU countries amounted to $116 million. It hits 67 percent of all investments.

The largest investor in the first quarter of this year was Cyprus - 24 percent, Great Britain - 17 percent and the Netherlands - 15 percent.

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