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59% Of Surveyed Businesses Claimed they will increase their total investments

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Natia Taktakishvili
22.03.22 16:00
608
BAG Index published a report on Investment Survey. As of the report, in Q1 of 2022, 59% of surveyed businesses claimed they will increase their total investments in 2022, compared to 2021. At the same time, 32% of the surveyed companies expect no change in their total investments, while only 9% expect a decrease in total investments.

“Overall, 51% of the surveyed businesses stated that their total investments had increased in 2021, compared to 2020. Meanwhile, 42% of the surveyed companies claimed their total investments were unchanged, while 7% stated their investments had decreased over the same period.

It must be mentioned that none of the companies in the manufacturing sector reported a decrease in total investments in 2021, compared to 2020. These figures for trade, service, and construction sectors were 5%, 7%, and 25%, respectively. Similar expectations are reported in the service and manufacturing sectors with 56% and 47% of companies planning to increase their total investments, meanwhile, for the construction sector the same figure is equal to 38%”, - the report reads.

The BAG index is produced by the Georgian Business Association and the PMCG Research Center based on the methodology of the IFO Institute for Economic Research. It should be noted that the member companies of the association took part in the survey on February 14-28 of the current year, mainly, before the Russia-Ukraine war outbroke.