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Foreign Direct Investments are Down by 32.9 Percent

Foreign direct investments (FDI) in Georgia amounted to USD 279.3 million in Q1 2018 (preliminary data) down 32.9 percent from the preliminary data of Q1 2017.

The main reasons for decreasing the FDI are transferring of ownership in some companies from non-resident to a resident units and reduction of debt liabilities to non-resident direct investors (mostly payment of loans).

The chart below shows dynamics of FDI during 2015-2018.

Share of FDI by major foreign direct investor countries allocated as follows: United Kingdom (29.6
percent), Azerbaijan (18.2 percent) and China (14.9 percent).

Share of FDI by three major economic sectors reached 78.7 percent in Q1 2018.The largest share of
FDI was allocated in Financial sector, reaching USD 110.6 million in Q1 2018, construction sector was the
second with USD 69.1 million, followed by the Manufacturing sector with USD 40.2 million.