BAKU, Azerbaijan, June 9
By Tamilla Mammadova – Trend:
National Statistics Office of Georgia (Geostat) reveals TOP-20 companies invested in the Georgian economy during the COVID-19 crisis, Trend reports via the Geostat.
According to Geostat, the list of TOP-20 investor companies is as follows:
1. IDS Borjomi Georgia, Georgia Branch of IDS Borjomi Beverages Company;
2. Tbilisi Energy Ltd;
3. JSC Energo - Pro Georgia;
4. JSC Sakorggas;
5. JSC Corporation Poti Seaport;
6. Toyota Caucasus Ltd;
7. Adjara Energy Ltd-2007;
8. New Star Ltd;
9. CBD Development Ltd;
10. Rustavi Steel Ltd;
11. Enka Renewables Ltd;
12. Astoria Ltd;
13. Majid Al Futtaim Ltd. Hypermarket Georgia;
14. JSC Georgian Health Group;
15. JSC Bgeo Group;
16. Majorel Georgia Ltd;
17. JSC Energo-Pro Georgia Generation;
18. Ltd. GDG;
19. Welfare International Ltd;
20. 5m Inşaat Ltd.
In the first quarter of 2021, only $125.4 million in foreign direct investment (FDI) entered Georgia, which is 28.3 percent less than the previous year.
The largest amounts of FDI came from the United Kingdom ($88 million), Russia ($32.9 million), and Turkey ($24.1 million).
In the reporting period, the largest foreign direct investment was in the financial sector, reaching $93.9 million, followed by the energy sector with $35.5 million and the manufacturing sector with $27.9 million.
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