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Ten days left, still poor investments

By Messenger Staff
Friday, December 21
As it is unlikely that much significant capital will enter Georgia in the last ten days of the year, the figures for foreign direct investment (FDI) into Georgia for the first three quarters of 2012 are telling. Total investment totaled approximately 684 million USD. Economists do not anticipate that that the fourth quarter's numbers will be higher than 200 million USD. Economists explain that the slowdown of investment is normal when a new government takes office. They also point to a general slowdown in the world economy. Some analysts think that the government should encourage more Georgian businessmen to invest in Georgia, thereby creating jobs and stimulating the economy.