Economy

Foreign Direct Investment Influx in Belarus Down 13% in Jan-Sept

The gross influx of foreign direct investment in Belarus was $7.65 billion in January-September 2012, down 13.3% on the same period of 2011, the National Statistics Committee (Belstat) said in a press release.

The biggest amounts of foreign direct investment went into trade (49% of the gross direct investment), transport (34.2%) and industry (10.7%). A considerable volume of foreign direct investment came from Russia (48% of the total). British residents invested 32.8% of gross direct investment, Cyprus - 4.4% and Ukraine - 3.2%.

Belarusian residents increased direct investment abroad by 50% in the nine months to $3 billion. Most of the direct investment went into companies in Russia (43.3%), Britain (25.8%), Ukraine (20.9%), Kazakhstan (2.6%) and Lithuania (2.2%).

Other foreign investment in Belarus totalled $2.1 billion in January-September 2012, down 44.9% on the same period of 2011. Belarusian companies sent other investments abroad of $1.5 billion, down 20.9%.

Belstat said total foreign investment in Belarus (direct, portfolio and other) totalled $9.75 billion in January-September 2012, down 22.7%.

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