Home News 430.2 million USD of foreign direct investments made in Georgia in the first quarter of 2008

430.2 million USD of foreign direct investments made in Georgia in the first quarter of 2008


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The amount of foreign direct investments made in the Georgian economy in the first quarter of 2008 equaled 430.2 million USD. Turkey is the leader in FDI with 120.8 million USD (28.1% of total FDI) invested in the calculated period which is 315.2% more than in the same time period last year.
 
Other countries that invested in Georgia in the first quarter of 2008 are:
 
  • United Arab Emirates – 78.6 million USD (18.3% of total FDI)
  • Netherlands – 50.2 million USD (11.7%)
  • USA – 38.4 million USD (8.9%)
  • Russia – 34 million USD (7.9%)
  • United Kingdom – 26.2 million USD (6.1%)
  • Kazakhstan – 26.1 million USD (6.1%)
  • Germany – 13 million USD (3%)
  • Cyprus – 8.3 million USD (1.9%)
  • Virgin Islands (Britain) – 6.3 million USD (1.5%)
 
The biggest share of investments comes on transportation and communications sector – 100.6 million USD (23.4% of total FDI). 87.4 million USD was invested in industry (20.3%), 60.6 million USD in the banking sector (14.1%), 33.6 million USD in energy (7.8%), and 16.1 million USD in construction (3.7%).
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