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Tag Archives: FDI

Skills Development Will Be Key to Attracting Investment to High-Value Sectors in Georgia — ADB

Skills development will be essential in leveraging Georgia’s enabling business environment and facilitative infrastructure for higher foreign investment and growth, according to a new Asian Development Bank (ADB) report. In its flagship economic publication, Asian Development Outlook (ADO) 2019, ADB projects Georgia’s gross domestic product (GDP) to grow by 5.0% in …

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Foreign Direct Investment See 5 Years’ Bottom

According to preliminary indicators, foreign direct investments (FDI) in 2018 was listed at 1,232.4 million USD, down 34.9% year on year. The contraction in FDI is related to completion regarding gas pipeline construction. Moreover, several companies were moved their ownership to Georgian residents, and loan liabilities were paid off to …

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Foreign Direct Investments in Fishing Industry Grows by 29%

Foreign direct investments in agriculture sector and fishing industry have increased by 29%. According to preliminary indicators, in the fourth quarter of 2018, FDI inflows in agriculture sector and fishing industry made up 4.9 million USD, up 1.9 million USD (+62.4%) year on year. Over the past 3 years FDI …

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Vazil Hudák: Priority Issue is to Attract Foreign Direct Investments to Georgia

Minister of Economy and Sustainable Development George Kobulia held a meeting with the Vice-President of the European Investment Bank, Vazil Hudák and the accompanying delegation. Deputy Ministers of Economy and Sustainable Development Natia Turnava and Ekaterine Mikabadze also attended the meeting. Investment portfolio of the European Investment Bank in Georgia …

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Reinvestments Ratio in FDI is 50% in Georgia

According to the preliminary report by Geostat, the national statistics service of Georgia, in January-September 2018, reinvestments in Georgia made up 504 million USD and the reinvestments ratio in total investments amounted to 50%. Reinvestments volume is growing at special paces over the past 2 years. In 2015 it was …

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Foreign Direct Investments Increased by 9.4%

Foreign direct investments (FDI) in Georgia amounted to USD 389.2 million in Q2 2018 (preliminary data) up 9.4 percent from the adjusted data of Q2 2017. It is noteworthy, that Geostat updated statistical data for 2017 (published data increased by 0.3 percent) and the 1st quarter of 2018 (data decreased …

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Developments in Turkey and the Impact on Georgia’s Economy 

Recent developments in Turkey, an important economic partner of Georgia, raise a number of questions about the potential for spillovers. Georgia’s total exposure to Turkey via currency inflows is 4-5% of GDP – these account for approximately 8% of all currency inflows into Georgia. The share of total imports from …

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Foreign Direct Investments in Georgia in 2017

Foreign direct investments (FDI) in Georgia amounted to USD 1888.8 million in 2017 (adjusted data) up 20.6 percent from the same data of 2016 and up 1.4 percent from the preliminary data of 2017. Geostat adjusted the volume of FDI in Georgia for 2013-2016 as well. Consequently, the chart below …

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Downturn in FDI – A Warning to Investors?

According to preliminary indicators by Geostat, the national statistics service of Georgia, foreign direct investments (FDI) in the first quarter of 2018 were 279.3 million USD, down 32.9% compared to preliminary indicators from the first quarter of 2017. According to Geostat, the downturn emerged after several enterprises changed ownership to …

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