MORE FDI IN AZERBAIJAN, ARMENIA THAN GEORGIA

The Messenger
Feb 23 2012
Georgia

Although the rate of foreign direct investment (FDI) into Georgia
has increased year-over-year, it still lags behind neighbouring
Caucasian countries.

In 2011, Azerbaijan received more than $3 billion USD in FDI. Within
this amount, $1.4 billion came from the UK. Substantial investment
also came from the United States, the European Bank for Reconstruction
and Development, and the Asian Development Bank. That same year,
Armenia received more than $1 billion USD.

Georgia’s National Statistics Office has so far not revealed the
final FDI figures for 2011. For the first three quarters of the year,
Georgia accumulated $643 million USD.