TODAY.AZ / Business

Azerbaijan is one of Georgia’s largest investors

11 September 2012 [13:05] - TODAY.AZ
Azerbaijan ranks third among Georgia's largest investors. According to the preliminary data, Azerbaijan's investment share in Georgia in the first half of the year was 10 percent, the Georgian Statistics Agency said.

During this time, Azerbaijan has invested $48.8 million in Georgia, the Netherlands - 37 per cent, the U.S. - 11 per cent.

The direct foreign investments in Georgia totaled $488 million in the first six months of the year, or 29 percent more than in 2011.

Georgia received $ 219 million in the form of foreign direct investments in the first quarter of 2012, while $269 million in the second quarter.


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