Azerbaijan leading in FDI

In the first quartet of 2014, Georgia received $260 million in Foreign Direct Investment. This figure is 15% higher compared to the last year. Meanwhile, Armenia enjoys $488 million in the same period. With 1.9 billion FDI, Azerbaijan is the leader. 1.6 billion was invested in the oil and natural gas sector. A large portion of FDI in Georgia and Armenia is related to private transfers. The factor plays a key role in this regard.