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Georgia reveals list of top-10 investors

Business Materials 11 March 2021 19:00 (UTC +04:00)
Georgia reveals list of top-10 investors

BAKU, Azerbaijan, March 11

By Tamilla Mammadova – Trend:

In 2020, Georgia didn’t have a new large investor, Trend reports via the National Statistical Office (Geostat).

The list of top-10 investors is as follows:

IDS Borjomi Georgia
MagtiCom
Corporation Poti Sea Port
RMG Copper
RMG Gold
Dariali Energy
Metro Avrasya Georgia
Georgia Capital
BGO Group

In the fourth quarter of 2020, the largest investor companies were:

IDS Borjomi Georgia
MagtiCom
Iberia Refreshments
Corporation Poti Sea Port
RMG Copper
Adjara Energy-2007
Metro Avrasya Georgia
Mars
BGO Group
Atlantic Georgia

Georgia’s foreign direct investment amounted to $616.9 million in 2020 that is 52.9 percent less than in 2019.

The National Statistical Office names the transfer of several businesses to the Georgian resident as the main reason for the decline decreasing the FDI amount by $340.5 million.

The largest volume of FDI flow in the area of finance amounting to $400.3 million that is 64.9 percent of total FDI. The mining industry with $101.5 million in the second, in the third place is the real estate sector with $71.8 million.

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