Baku, Azerbaijan, Sept.10
By Azad Hasanli - Trend:
Azerbaijan's investments in Georgia's economy totaled $160 million in the second quarter of 2015, which is 2 times more than in the same period of 2014, the Georgian National Statistics Service's report said Sept.9.
As of the reporting period, Azerbaijan with a special weight of 45 percent was the biggest foreign direct investor to Georgia, followed by the Netherlands - 19.2 percent ($68 million), Turkey - 11.55 percent ($41 million), UK - 9 percent ($32 million) and Luxembourg - 5.6 percent ($20 million).
The share of the sectors with the largest amount of foreign direct investments in the second quarter hit 78 percent. This component of the foreign investment accounted for the transport and communication - $207 million.
In total, some $355 million was invested in Georgia's economy in the second quarter of this year, which is 81.12 percent more than in January-June 2014.
The total inflow of funds into the Georgian economy in January-June 2015 amounted to $530 million (9.25 percent decrease compared to the second quarter of 2014), the outflow - $175 million (2.2 times decrease).