Armenia Invested $5.6 Million in Georgia
Armenia’s foreign direct investment in the Georgian economy topped $5.6 million after the third quarter of 2017, data provided by the National Statistical Office of Georgia has revealed, Panarmenian reports.
Direct investments thus grew by 30% year-on-year as Armenia had invested $3.97 million in the neighboring country last year.
In Q1 and Q2, investments from Armenia amounted to approximately $2,53 million and $3,15 million, respectively, while Q3 saw a negative FDI net inflow of $12,700.
Direct investments into the Georgian economy amounted to about $39 million between 2012 and 2016.
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