Georgia reveals volume of investments in transport, communications sector
Georgia’s National Statistics Office has announced that in 2015,
a major part of investments - $594 million were invested in
Georgia’s transportation and communications sphere, which is 37
percent more than in 2014.
Some 44 percent of the total foreign direct investments in the
Georgian economy in 2015 accounted for the transportation and
communications field, a report of the Office reads.
In 2015, the total amount of the foreign direct investments in
Georgia was over $1.35 billion, which is 6 percent more than in
2014, according to the report.
The investments in the country’s financial sector totaled $191
million, which is 66 percent more than in 2014.
Azerbaijan is a leader for investments in Georgia in 2015 by
investing $542 million (40 percent of the total foreign direct
investments) in the country’s economy, said the report.
The UK (15 percent), Netherlands (eight percent) are also among in
the top three, according to the report. Russia invested $49 million
in Georgia in 2015, which is less than four percent of the total
investments, said the report.
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