Belarus’ net FDI inflow up 16.2% in Jan-Sep 2020 to $1.292bn
<p> MINSK, Nov 12 - PrimePress. The net inflow of foreign direct investments (FDI) increased by 16.2% year on year in Jan-Sep 2020 to $1.292 billion (excluding debt to direct investor for goods, works and services), Belarus’ National Statistics Agency (Belstat) said in a report. </p> <p> </p> <p> Belarus defines foreign direct investments as those made by direct investors, whose stake in the statutory capital is at least 10%. </p> <p> </p> <p> Belarus’ net FDI inflow in the real economy sector totalled $1.008 billion in Jan-Sep 2020, up 20.6%, banking sector – up 9.5% year on year to $226.2 million. </p> <p> </p> <p> Minsk leads in terms of the net FDI inflow in Jan-Sep 2020 with $550.3 million (up 2.3% year on year), the official forecast for Jan-Sep 2020 being $700 million. Investments in Minsk Oblast entities in Jan-Sep 2020 totalled $291.6 million (up 44.4%, forecast – $230m); Gomel Oblast – $96.7 million (up 67.3%; $65 million); Grodno Oblast – $83.2 million (up 2 times; $70 million); Brest Oblast – $84.7 million (up 37.7%; $40 million); Vitebsk Oblast – $41.8 million (up 36.6%; $50 million); Mogilev Oblast – $85.8 million (down 11.4%; $70 million). </p> <p> </p> <p> Net FDI in state-owned companies controlled by the central government bodies increased 4.7-fold year on year in Jan-Sep 2020 to $73.9 million; in state-owned companies controlled by local administrations – up 3.1 times to $7 million; private companies – up 12.6% to $1.153 billion. </p> <p> </p> <p> Belarus’ processing industries received $512.8 million in net FDI in Jan-Sep 2020 (up 56% yr on yr); financial and insurance institutions – $196.6 million (down 21.3%); information and communication companies – $48.3 million (up 15%); wholesale trading companies – $158.1 million (up 48.3%); food, drinks and tobacco producers – $74 million (up 60.2%). </p> <p> </p> <p> Belarus recorded a net outflow of foreign direct investments to the tune of $68.1 million from the IT sector in Jan-Sep 2020 (minus $59 million in Jan-Sep 2019). </p> <p> </p> <p> Net FDI from Russia (largest investor in Belarus) increased 56.9% yoy to $315.4 million; Cyprus (second largest investor in Belarus) – down 21.5% to $135 million; the Netherlands – up 3.8-fold to $124.4 million; Germany – up 75.4% to $71.9 million; Lithuania - $4.3m (up 3.1 times); the UK – down 9.4% to $31.9 million; USA – up 31.3% to $36.1 million; Poland – up 23.3% to $19.4 million; China – down 43.7% to $19.1 million. </p> <p> </p> <p> In January-September 2020 there was a net outflow of FDI from Austria in the amount of $20.7 million ($15.2 million in Jan-Sep 2019), from Luxembourg in the amount of $1.2 million (positive value of $4.6 million). </p> <p> </p> <p> Net FDI inflow from the EU countries grew by 14.1% in Jan-Sep 2020 to reach $469.6 million, EEU countries – up 56.9% to $321.7 million. </p> <p> </p> <p> As previously reported, net FDI decreased 18.8% yoy in 2019 to $1.328 billion. Net FDI in the real sector decreased in 2019 by 15.2% yoy to $1.022 billion. Net FDI in the banking sector decreased 39.3% to $205.5 million. End </p>
2020-11-13
Primepress
MINSK, Nov 12 - PrimePress. The net inflow of foreign direct investments (FDI) increased by 16.2% year on year in Jan-Sep 2020 to $1.292 billion (excluding debt to direct investor for goods, works and services), Belarus’ National Statistics Agency (Belstat) said in a report.
Belarus defines foreign direct investments as those made by direct investors, whose stake in the statutory capital is at least 10%.
Belarus’ net FDI inflow in the real economy sector totalled $1.008 billion in Jan-Sep 2020, up 20.6%, banking sector – up 9.5% year on year to $226.2 million.
Minsk leads in terms of the net FDI inflow in Jan-Sep 2020 with $550.3 million (up 2.3% year on year), the official forecast for Jan-Sep 2020 being $700 million. Investments in Minsk Oblast entities in Jan-Sep 2020 totalled $291.6 million (up 44.4%, forecast – $230m); Gomel Oblast – $96.7 million (up 67.3%; $65 million); Grodno Oblast – $83.2 million (up 2 times; $70 million); Brest Oblast – $84.7 million (up 37.7%; $40 million); Vitebsk Oblast – $41.8 million (up 36.6%; $50 million); Mogilev Oblast – $85.8 million (down 11.4%; $70 million).
Net FDI in state-owned companies controlled by the central government bodies increased 4.7-fold year on year in Jan-Sep 2020 to $73.9 million; in state-owned companies controlled by local administrations – up 3.1 times to $7 million; private companies – up 12.6% to $1.153 billion.
Belarus’ processing industries received $512.8 million in net FDI in Jan-Sep 2020 (up 56% yr on yr); financial and insurance institutions – $196.6 million (down 21.3%); information and communication companies – $48.3 million (up 15%); wholesale trading companies – $158.1 million (up 48.3%); food, drinks and tobacco producers – $74 million (up 60.2%).
Belarus recorded a net outflow of foreign direct investments to the tune of $68.1 million from the IT sector in Jan-Sep 2020 (minus $59 million in Jan-Sep 2019).
Net FDI from Russia (largest investor in Belarus) increased 56.9% yoy to $315.4 million; Cyprus (second largest investor in Belarus) – down 21.5% to $135 million; the Netherlands – up 3.8-fold to $124.4 million; Germany – up 75.4% to $71.9 million; Lithuania - $4.3m (up 3.1 times); the UK – down 9.4% to $31.9 million; USA – up 31.3% to $36.1 million; Poland – up 23.3% to $19.4 million; China – down 43.7% to $19.1 million.
In January-September 2020 there was a net outflow of FDI from Austria in the amount of $20.7 million ($15.2 million in Jan-Sep 2019), from Luxembourg in the amount of $1.2 million (positive value of $4.6 million).
Net FDI inflow from the EU countries grew by 14.1% in Jan-Sep 2020 to reach $469.6 million, EEU countries – up 56.9% to $321.7 million.
As previously reported, net FDI decreased 18.8% yoy in 2019 to $1.328 billion. Net FDI in the real sector decreased in 2019 by 15.2% yoy to $1.022 billion. Net FDI in the banking sector decreased 39.3% to $205.5 million. End