Georgia receives $684 million in foreign direct investments over three quarters

Business Materials 10 December 2012 15:46 (UTC +04:00)

Georgia, Tbilisi, Dec.10 / Trend, N.Kirtskhalia /

Foreign direct investments made in Georgia amounted to $195 million in the third quarter of 2012, according to preliminary data, the Georgian Statistics Service said on Monday. This makes up 62 per cent of the adjusted index of 2011.

Over the first three quarters of 2012, Georgia received $684 million in foreign investments which is 12 per cent less than the adjusted index for the nine months of 2011.

Over the period, Georgia received most investments from the Netherlands, 25 per cent. The country is followed by the international financial institutions 22 per cent and Turkey 17 per cent.

The largest volume of investments was made in the financial sector - $46 million (24 per cent of all investments), energy sector - $40 million, transportation and communications - $33 million.