Volume of Reinvested Earnings Doubled

When we talk about a small country like Georgia, where the dynamics of foreign direct investment is very much dependent on the timeframe for starting or ending a large investment project, it would be most correct and justified to discuss it in the medium-term framework, Minister of Economy and Sustainable Development Natia Turnava says.

The Minister said it is important that Georgia's FDI share is 3-fold  higher than other countries in the region and several  Eastern European countries.

"The recent statistics is very heartening- the FDI data for the 3rd quarter showed that Georgia’s FDI is a double-digit figure and more importantly, the volume of reinvested earnings are practically doubled," Natia Turnava said.

According to the Minister of Economy and Sustainable Development, the statistics show that investors’ confidence  in Georgia “is growing.”