BAKU, Azerbaijan, Dec. 9
By Maryana Akhmedova – Trend:
Foreign direct investments (FDIs) in Georgia in the third quarter of 2021 amounted to $299 million, which is an increase of 1.4 percent, compared to the same period of 2020 ($294.8 million), Trend reports via the National Statistics Office (Geostat).
The same figure also slightly increased, compared to $297.7 million over the second quarter of 2021, while increasing three times, compared to $131.7 million in the first quarter of 2021.
The total amount of FDIs in Georgia over the first three quarters of 2021 totaled $728.4 million, the report said.
The reinvested earnings of the total amount of FDIs doubled in the third quarter of 2021, compared to $123.2 million over the same period of 2020.
Meanwhile, the equity totaled $16.8 million – a decrease of 81.9 percent, compared to $93.1 million over the reporting period of 2020.
According to the report, Geostat considers the increase in reinvestments to be the main reason for the FDIs growth.
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