Georgia attracted USD 281.1 million in FDI in Q1, 2019. This is 6.3% decrease compared to the same period of 2018.
Most of the FDI came from: Ireland – USD 133.2 million (47.4% of total FDI); United Kingdom with 5.1% and USA with 8.0%.
As for companies with the largest FDI in the Q1, 2019, the list is as follows:
• IDS Borjomi Georgia
• Magticom Ltd
• KazTransGas Tbilisi Ltd
• JSC RMG Copper
• JSC Corporation of Poti Sea Port
• Toyota Caucasus LLC
• ISG Holding Ltd
• City Loft Ltd
• Georgian Tourism Development Fund
• BP Group
The enterprises are not categorized according to the ratings, whereas the Geostat does not disclose information about the volumes of investment.
In the first quarter of the year, the inflow of 133 million dollars from Ireland is likely to be related to the sale of Adjarabet shares. 51% of Adjarabet shares was purchased by Irish Paddy Power Betfair for € 116 million.