FDI, Foreign Direct Investments in the state of Georgia dropped to 226.1 Million Dollars in the first half of 2009. This is a huge downturn over the same period of 2008 when the FDI, Foreign Direct Investments, was a whopping 1.143 BILLION Dollars. According to the statistics provided by the Georgian Statistics Department, we still have friends in the Middle East. The United Arab Emirates made the biggest investment in the 2nd quarter totalling 73.6 million Dollars.
The big industrial losers in Foreign Direct Investments were transportation and communication sectors, followed by energy and agriculture. There was good news in Real Estate Markets which received the largest sum in Foreign Direct Investments, about 81 Million Dollars. The constructin sector also did well and attracted a bit more than 3.5 Million Dollars, but this amount was 25% less than investments in the previous year.
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