The foreign direct investments of USD 505.7 million were made in Georgia in 2Q2023. Turkey took the second place among the Top Investor countries.
According to preliminary data, investment of more than USD 71 million came from the neighboring country in April-June. It should be noted that in the second quarter of last year, the volume of Turkish investment made up USD 20.5 million, while in the same period of 2021 it was USD 30.9 million.
According to the data requested from the National Statistics Office of Georgia (Geostat), a major part of FDI was implemented in the field of energy.
The ranking of the sectors by investments:
1. Supply of electricity, gas, steam and conditioned air: USD 54.8 million;
2. Art, entertainment and recreation: USD 12 million;
3. Wholesale and retail trade; Repair of automobiles and motorcycles: USD 5 million ;
4. Manufacturing industry: USD 3.5 million;
5. Construction: USD 2.7 million;
6. Financial and insurance activities: USD 2.5 million;
7. Professional, scientific and technical activities: USD 2.4 million;
8. Education: USD 1.1 million;
9. Accommodation and food supply activities: USD -6 million;
10. Transport and warehousing: USD -8.8 million.
