Inflow of foreign direct investment (FDI) in Georgia increased 17.7% year-to-year in the third quarter of 2011 to USD 266 million, according to preliminary figures released by the state statistics office, Geostat, on December 12.

FDI in the first quarter was USD 173.7 million, increasing to USD 203.4 million in the second quarter, according to preliminary figures, which Geostat said, are subject to revision.

Total FDI for January-September of this year, standing at USD 643.1 million, has increased 7.1% year-to-year, according to Geostat’s preliminary figures.

Most of the FDI in January-September of 2011 came from companies registered in the Netherlands USD 134.7million, followed by Denmark with USD 99.8 million; Cyprus – USD 80 million; Turkey – USD 67.9 million; Azerbaijan – USD 40.4 million; Russia – USD 39.3 million; the UK – USD 37.6 million; India – USD 26.1 million; Kazakhstan – USD 21 million; Germany – USD 19.7 million; the British Virgin Islands – USD 13.8 million; Austria – USD 12.4 million.

According to Geostat, industrial sector attracted most of the FDI in January-September - USD 140.5 million, followed by financial sector - USD 123.6 million; energy sector - USD 79.2 million; real estate – USD 77.5 million; transport and communication – USD 74.3 million; construction – USD 31.2 million; healthcare – USD 18.5 million; restaurants and hotels - USD 14.7 million; agriculture – USD 9.2 million.