Azerbaijan remains biggest investor of Georgia

Fri 08 September 2017 08:48 GMT | 12:48 Local Time

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Azerbaijan remains the biggest investor of Georgia with the investment of $224.2 million during the first half of 2017, down 20.3% from previous year.

According to National Statistical Office of Georgia, direct foreign investments made in Georgia in the first half dropped 5.5% to $751 million.
 
In the second quarter, foreign investments in Georgia amounted to $346.6 million, down 14.3% in comparison to a year earlier.
 
Totally, 36.6% of foreign investments made in Georgia fell to share of Azerbaijan. Azerbaijan is followed by Netherlands (12.4%) and Turkey (11.3%).

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