Jan-Sept FDI Up 2.8% to $697.3 mln – Preliminary Data

Georgia’s FDI per quarter in 2011-2013. All figures are in USD millions. 2013 figures are based on preliminary data. Source: Geostat

Foreign direct investments increased 2.8% year-on-year to USD 697.3 million in the first nine months of 2013, according to preliminary data released by the Georgian state statistics office, Geostat, on Monday.

FDI stood at USD 238.7 million in the third quarter of 2013, about 20% year-on-year and 2.7% quarter-to-quarter increase.

Main sectors receiving foreign direct investment in the July-September quarter of 2013, according to preliminary data, were financial sector – USD 47.7 million; transport and communication – USD 47 million; energy sector – USD 33.4 million; construction – USD 21.4 million; manufacturing – USD 17.1 million; agriculture – USD 11 million; mining – USD 10.6 million; hotels and restaurants – USD 5.5 million.

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