Foreign Direct Investments in Georgia amounted to USD 1861.9 million

Foreign Direct Investments in Georgia amounted to USD 1861.9 million

Foreign Direct Investments in Georgia amounted to USD 1861.9 million

The FINANCIAL -- The foreign direct investments (FDI) in Georgia amounted to USD 1861.9 million in 2017 (preliminary data) up 16.2 percent from the same period of the previous year.

The shares of major foreign direct investor countries in FDI stand as follows: Azerbaijan (25.9 percent), Turkey (15.0 percent) and the United Kingdom (13.4 percent).

The share of three major economic sectors in FDI reached 60.5 percent in 2017.The largest share of FDI was allocated in transports and communications sector, totaling USD 527.1 million. The financial sector was the second with USD 304.3 million, followed by the construction sector with USD 294.6 million, according to GeoStat.

The foreign direct investments (FDI) in Georgia amounted to USD 497.4 million in Q4 2017 (preliminary data) up 89.1 percent from the same period of the previous year.

The shares of major foreign direct investor countries in FDI stand as follows: Azerbaijan (20.9 percent), Czech Republic (20.1 percent) and Netherlands (18.2 percent).

The share of three major economic sectors in FDI reached 64.9 percent in Q4 2017. The largest share of FDI was allocated in financial sector, reaching USD 148.6 million in Q4 2017, energy sector was the second with USD 94.8 million, followed by the transports and communications sector with USD 79.3 million.