Foreign investments Georgia was USD 260 million in Q1

Direct foreign investment in Georgia in the first quarter of 2014 was USD 260 million, according to preliminary data from National Statistics Office, Geostat.

The preliminary data published on Tuesday show that the amount of investments in the first quarter was 15 percent more than first quarter of 2013 and 20 percent more than fourth quarter of 2013.

Georgia’s top partners in terms of investments in the first quarter of 2014 were Netherlands with USD 73 million, Azerbaijan USD 47 million, United Kingdom USD 35 million, Turkey USD 30 million and Russia USD 20 million.

The highest amount of investments went to the financing sector, USD 89 million, followed by manufacturing USD 46 million and transport and communications USD 44 million.

Precise data about direct foreign investments in 2013 will be published on August 15.
(DF watch)