FDI was up 9.4% y/y to US$ 389.2mn in 2Q18, according to GeoStat’s preliminary figures. A 45.9% of FDI inflows was reinvestments. The energy sector was the largest FDI recipient at US$ 108.8mn (+651.5% y/y, 28.0% of total), followed by transport and communication sector at US$ 77.0mn (-33.3% y/y, 19.8% of total), financial sector at US$ 64.0mn (+3,171.7% y/y, 16.5% of total) and real estate at US$ 34.3mn (-23.7% y/y, 8.8% of total). Azerbaijan topped the list of investors with US$ 80.5mn (-34.4% y/y), followed by Czech Republic at US$ 77.9mn (+231.5% y/y) and Netherlands at US$ 65.3mn (+30.2% y/y).
Source : G&T
