Turkey and Azerbaijan contribute half of Georgia's direct foreign investment in 2016

Azerbaijan and Turkey together contributed to nearly one half of direct foreign investment in Georgia in 2016, according to figures released this week by the Georgian National Statistics Agency, GeoStat.

According to the figures, Azerbaijan invested USD 558 million dollars in Georgia's economy, and Turkey USD 203.5 million, out of a total direct foreign investment in 2016 of USD 1565.9 million. The other major investors in the Georgian economy was the United Kingdom with USD 118.8 million, and the Netherlands with 97.2 million.

The largest share of FDIs (USD 671.9 million) was in the transport and communications sector, followed by the construction sector (USD 129.5 million) and the financial sector (USD 129 million).

source: commonspace.eu

 

 

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
LINKS Europe announces the names of all the chairpersons of the five thematic groups for the development of the Armenia-Azerbaijan dialogue

LINKS Europe announces the names of all the chairpersons of the five thematic groups for the development of the Armenia-Azerbaijan dialogue

LINKS Europe has successfully completed the first phase of its project to develop the Armenia-Azerbaijan dialogue as part of its commitment within the EU4Peace III programme, funded by the European Union. In this first phase, which lasted from September 2024 to April 2025, LINKS Europe conducted an assessment of Armenia-Azerbaijan relations and mobilised the personnel necessary for delivering the project output. LINKS Europe Foundation is pleased to announce the names of the chairs/co-chairs of the five thematic groups within the initiative.  

Popular

Editor's choice
News
LINKS Europe announces the names of all the chairpersons of the five thematic groups for the development of the Armenia-Azerbaijan dialogue

LINKS Europe announces the names of all the chairpersons of the five thematic groups for the development of the Armenia-Azerbaijan dialogue

LINKS Europe has successfully completed the first phase of its project to develop the Armenia-Azerbaijan dialogue as part of its commitment within the EU4Peace III programme, funded by the European Union. In this first phase, which lasted from September 2024 to April 2025, LINKS Europe conducted an assessment of Armenia-Azerbaijan relations and mobilised the personnel necessary for delivering the project output. LINKS Europe Foundation is pleased to announce the names of the chairs/co-chairs of the five thematic groups within the initiative.