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10:51 23 March
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Azerbaijan – biggest foreign investor of Georgia

In 2016 $1.645 billion was invested in Georgia’s economy, up 22% from previous year, the National Statistics Office of Georgia reported.

Of this, 3% and $1.119 billion are reinvestments.

 

Azerbaijan invested $1.069 billion in Georgia in the reporting period, which makes up 35% of total investments. The second places are held by Turkey (%17) and Great Britain (7%).

 

Regarding direct investments, $645 million was invested in transport and communication sector that makes up 39% of total direct foreign investments. $203 million was invested in energy and $163 million in construction sector. 

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