FDI may decline in election year
By Messenger Staff
Wednesday, June 6Georgia has received $230 million USD in FDI in 2012, but there is some skepticism that will grow thanks to the elections. During a transitional period, particularly after an election and before a new government takes power, investment tends to decline. Some economic analysts predict that the election slowdown could prevent Georgia from reaching its $1 billion FDI goal this year.
In 2007, Georgia received the highest amount of FDI in its history as an independent country, at over $2 billion. Since that time, the global economic slowdown and the war with Russia decimated FDI, and it has only been in the last couple of years that investments have recovered.