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10 Largest Investor Countries to Georgia

Direct foreign investment in Georgia (FDI) in Georgia decreased to the nine months of 2018 to  $998 million, and it is 27% less than 2017.

As for the countries, Azerbaijan is the first among the investors, from which $ 169 million was invested. The Netherlands takes second place with $ 139 million.

The largest Azeri investment in Georgia is linked to the expansion of the Shah-Deniz pipeline, however, the major infrastructure works of the project have already been completed and the number of Azeri investments decreased. It is noteworthy, that Turkey is not listed in the top ten investor countries, and the investment balance is negative with Turkey.

Georgia’s largest investor countries are the following:

1) Azerbaijan – $ 169 million, decrease by 54%
2) Netherlands – $ 139 million, decrease by 21%
3) The United Kingdom – $ 136 million, decreased by 21%  compared to the previous year;
4) Czech Republic – $ 83 million, increase by 100%
5) The US – $ 79 million, increase by 23%
6) Panama – $ 61 million, increase by 41% last year;
7) China – $ 54 million, increase by 96%
8) Russia – $ 52 million, increase by 82%;
9) Korea – $ 38 million, increase by 104%;
10) Luxemburg – $ 36 million, increase by 42%.

According to Geostat, reinvestments amounted to $ 504 million in 2018, which is 50% of total investment. Such a high share of reinvestment has not yet been observed.