Belarus’ net FDI inflow up 46.6% in Jan-Mar 2020 to $1.456bn

<p> MINSK, May 12 - PrimePress. The net inflow of foreign direct investments (FDI) increased by 46.6% year on year in Jan-Mar 2020 to $1.328 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 $1.181 billion in Jan-Mar 2020, up 61%, banking sector – up 5% year on year to $252.2 million. </p> <p>   </p> <p> Minsk lead in terms of the net FDI inflow in Jan-Mar 2020 with $758.801 million (up 31.1% year on year), the official forecast for Jan-Mar 2020 being $375 million. Investments in Minsk Oblast entities in Jan-Mar 2020 totaled $261.569 million (up 74%, forecast – $160m); Gomel Oblast – $114.17 million (up 92%; $35 million); Grodno Oblast – $90.946 million (up 62%; $30 million); Brest Oblast – $78.862 million (up 40.7%; $20 million); Vitebsk Oblast – $40.587 million (up 41.5%; $25 million); Mogilev Oblast – $88.602 million (up 19.4%; $30 million). </p> <p>   </p> <p> Net FDI in organizations subordinate to republican government bodies increased 7-fold year on year in Jan-Mar 2020 to $68.873 million; in organizations subordinate to local executive and administrative bodies – up 210% to $7.319 million; in organizations of departmental subordination – up 41.3% to $1.357 billion. </p> <p>   </p> <p> Belarus’ processing industries received $530 million in net FDI in Jan-Mar 2020 (up 85% yr on yr); financial and insurance institutions – $263.73 million (up 9.1%); information and communication companies – $155.307 million (up 49%); wholesale trade companies – $161.253 million (up 49.2%); food, drinks and tobacco producers – $100.824 million (up 85%). </p> <p>   </p> <p> Belarus recorded a net outflow of foreign direct investments to the tune of $2.612 million from the IT sector (minus $10.692 million in Jan-Mar 2020). </p> <p>   </p> <p> Net FDI from Russia (largest investor in Belarus) increased 113% yoy to $315.76 million; Cyprus (second largest investor in Belarus) – up 25.6% to $287.694 million; the Netherlands – up 3-fold to $132.3 million; Germany – up 60% to $59.737 million; the UK – up 48% to $28.859 million; Austria – down 6.5% to $21.995 million; Poland – up 64.5% to $20.458 million; China – down 33.3% to $14.526 million. </p> <p>   </p> <p> Net FDI inflow from the EU countries grew by 52.6% in Jan-Mar 2020 to reach $697.41 million, EEU countries – up 140% to $321.538 million. </p> <p>   </p> <p> As 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>

2020-05-13

Primepress