Investments increased by 55% in First Quarter
14 June, 2012
Investments increased by 55% in First Quarter

Tvolume of investments in the first quarter of this year amounted to USD 269 million,  -  Geostat, official statistics body of Georgia, informs in its preliminary report.



The said figure exceeds the confirmed data of similar period of 2011 by 62%, and it is by 55% more than the preliminary data of the questioned period of 2011.
Investments were made from 61 countries, which is higher than the number of countries registered in the similar period - 56 in 2011

and - 53 in 2010. The share of six biggest investors in Georgia made 94% of the total Foreign Direct Investments (FDIs) inflow in the reported period. Germany led the list of top six investor countries in the first quarter of 2012 by investing USD 131 million, averaging 49% of total inflow. Turkey is a runner up by covering 12 % of total FDI share translating into USD 32.2 million. United Kingdom is the third – it invested USD 27.3 million and totaled 10% of FDIs. Virginia Islands of Great Britain together with Japan averaged 8-8% by investing USD 21. 7million and USD 21. 6 million respectively.  Luxemburg  covered 7% by investing USD 19.8 million. Investments made by the rest of the countries accounted for USD 15.7 million.
USD 64 million, the biggest share in the FDIs amount that came in the first quarter of 2012, went to reprocessing industry, statistics say. This is 24% of the entire investment structure. Financial sector got USD 62.5 million and took 23% of the pie. Transport and communication is the third top target for FDIs – USD 38.1 million was invested there that makes 17% of the total volume. Real estate took USD 20. 9 million and 8%. Mining and extracting industry and energy cut 7-7% apiece in the FDI pie attracting USD 19.5 Million and USD 18.3 million respectively. The remainder sectors of the economy enjoyed just 17% of the total investment volume including agriculture and fishing attracting about USD 5.6 million together.

 

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