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FDI in Georgia up 81%, According to Preliminary Data

According to preliminary data, foreign direct investment (FDI) increased by 81% in the second quarter of 2015, compared to the same period of the previous year.

As Georgia’s National Statistics Office states, the foreign direct investment increased by 355 million USD. In the second quarter of 2015, the largest share of foreign direct investment belongs to Azerbaijan (45%), followed by the Netherlands with 19% and Turkey with 12%.

The largest investment was carried out in the transport and communications sector (207 million USD), which comprises 58 percent of the total foreign direct investment. The second largest investment was made in the financial sector (41 million USD), and the third place was taken by the manufacturing industry with 30 million.