Business
Posted: 1 month ago

Ireland is Among the Top Investors in Georgia

 

According to Geostat, Ireland was the largest investor in Georgia’s economy in the first quarter of 2019 which poured  $ 133, 2 million into the country.

At the same time, in 2017 no Irish investments were made in Georgia, in 2018 their volume amounted to only $ 500,000.

Followed by  Britain - $ 42, 4 million, the USA - $ 22, 5 million, Japan - $ 18, 2 million and Panama - $ 18, 2 million.

According to preliminary data, in the first quarter of 2019, foreign direct investment in Georgia’s economy amounted to $ 281.1 million, which is 6.3% less than in the same period of 2018.

A decline in  FDI volume was caused by the completion of the construction of the gas pipeline, as well as the transfer of several companies under local jurisdiction.