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Companies that invested the most in Georgia

investments
BM. GE
16.08.23 10:50
174

The National Statistics Office of Georgia has published adjusted report on Foreign Direct Investments in Georgia during 2022. Pursuant to the report, FDI in Georgia amounted to USD 2 097.9 million in 2022, which is up 1.7 times from 2021 and up 4.9 percent from the preliminary data of 2022.

The share of the two largest investor countries in the total volume of foreign direct investments in 2022 reached 38.0 percent in 2022 according to adjusted data.

Major foreign direct investor countries allocated as follows: The United Kingdom 20.8 percent (USD 437.0 million), Spain 17.2 percent (USD 360.5 million) and the Netherlands 9.4 percent (USD 196.2 million).

Share of FDI by two major economic sectors reached 43.1 percent in 2022. The largest share of FDI was allocated in Financial and insurance activities sector, totaling USD 538.0 million (25.6 percent).

The Real estate activities sector was the second with USD 366.5 million (17.5 percent), followed by the Water supply; sewerage sector with USD 197.2 million (9.4 percent).

According to GeoStat, the largest investor companies in Georgian economy last year were:

Ras Al Khaimah Investment Authority Georgia LLC (hotels and restaurants) - investor country United Arab Emirates;

MagtiCom (information and telecommunication) – investor country USA;

Energo-Pro Georgia (energy) – investor country Czechia; 

Toyota Caucasus (trade) – investor country Japan;

Georgia Global Utilities (real estate) – investor country Spain;

Aqualia Georgia (water supply and waste management) - investor country Spain;

City Loft (Arts, Entertainment and Leisure) - Investor Country IrelandHualing international special economic zone (construction) – investor country China;

BGEO Group (financial and insurance activities) - investor country United Kingdom;

EPAM Systems (Georgia) (information and communication) – investor country USA.

Note: companies are not ranked.

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