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Azerbaijan becomes second largest investor in Georgia

Business Materials 10 June 2013 19:50 (UTC +04:00)

Georgia, Tbilisi, June 10 / Trend, N. Kirtzkhalia /

In the first quarter of 2013, Azerbaijan invested $38.4 million in Georgia. According to preliminary data by Gruzstat, $226 million was invested in Georgia by foreign investors in the first quarter of 2013.

As Gruzstat informed Trend on Monday, this figure is by $ 40 million less than in the first quarter of 2012 ($269 million).

According to the report, $ 219 million was invested in Georgia in the second quarter of 2012, $195 million - in the third quarter of 2012, and $181 million - in the fourth quarter.

In the first quarter of 2013, the largest investors in Georgia were Japan ($46.3 million), Azerbaijan ($38.4 million) and the Netherlands ($34.9 million).

As it was reported, foreign investors mainly invest in finance, energy and mining.

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