Energy Sector

Investments in Energy Sector Decreased 18%

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Photo: paknewspage.com

In the first nine months of 2017 foreign direct investments amounted to 98 million USD, which is 18% less compared to the same period of 2016, according to a report by the National Statistics Office of Georgia (Geostat).

In 2016 investments in the energy sector also decreased by 6% compared to 2015. Moreover, investments in the energy sector in 2015 was 35% less compared to that in 2014.

FDI in the energy sector in 2011 - 2016:

  • 2011 - 203 million USD
  • 2012 - 179 million USD
  • 2913 - 244 million USD
  • 2014 - 189 million USD
  • 2015 - 123 million USD
  • 2016 - 117 million USD
  • 2017 (9 months) - 98 million USD

Investments worth 1.34 billion USD were put in all sectors of the Georgian economy in the first nine months of 2017, which is 2.9% more compared to the same period of previous year. The transport and communication sectors top the list.

FDI in different sectors in the first nine months of 2017:

  1. Transport and communication - 447 million USD, 3.2% decrease y/y
  2. Construction - 241 million USD, 67% increase y/y
  3. Financial sector - 156 million USD, 12% decrease y/y
  4. Trade, Education and Service - 117 million USD,  27% increase y/y
  5. Real Estate - 116 million USD, 40% increase y/y
  6. Energy sector - 98 million USD, 28% decrease y/y
  7. Hotels and Restaurants - 75 million USD, 74% increase y/y
  8. Processing industry - 46 million USD, 58% decrease y/y
  9. Mining indsutry - 39 million USD, 2.1% decrease y/y
  10. Agriculture and fisheries - 9 million USD, 61% increase y/y
არჩევნები 2018

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