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Foreign Direct Investments up 81% in Q2

According to preliminary data of National Statistics office of Georgia Foreign direct investments  in Georgia amounted to USD 355 million in Q2 2015 up 81 percent from the adjusted data of Q2 2014.

The total sum of inflow to Georgia during the second quarter of 2015 amounted to $530 million while outflow reached $175 million, noted Geostat.

The share of FDIs by major investor countries mostly came from Azerbaijan (45 percent) followed by the Netherlands (19 percent) and Turkey (12 percent).

The largest share of FDIs was allocated to Georgia’s transports and communication sector, reaching $433.7 million. Following this was the construction sector with $207 million and the financial sector with $41 million.