BAKU, Azerbaijan, June 9
By Tamilla Mammadova – Trend:
National Statistics Office of Georgia (Geostat) revealed countries from which Georgia received the largest investments for the first quarter of 2021, Trend reports via the Geostat.
1. United Kingdom - $88.41 million, an increase of 21 percent over the previous year;
2. Russia - $31.87 million, an increase of 186 percent over the previous year;
3. Turkey - $24.51 million, an increase of 95 percent over the previous year;
4. Czech Republic - $14.15 million, a decrease of 574 percent over the previous year;
5. United Arab Emirates - $12.84 million, a decrease of 1,699 percent from the previous year ;
6. Denmark - $10.53 million, an increase of -9 percent over the previous year;
7. Germany - $10.14 million, an increase of 259 percent over the previous year;
8. Japan - $7.42 million, a decrease of 7 percent over the previous year;
9. Netherlands - $5.61 million, a decrease of 61 percent over the previous year.
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.
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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