Belarus’ net FDI inflow up 6.6% in Jan-Dec 2020 to $1.415bn

<p> MINSK, Feb 18 - PrimePress. The net inflow of foreign direct investments (FDI) increased by 6.6% year on year in Jan-Dec 2020 to $1.415 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 $1.112 billion in Jan-Dec 2020, up 8.8%, banking sector – up 9.8% year on year to $225.6 million. </p> <p>   </p> <p> Minsk leads in terms of the net FDI inflow in Jan-Dec 2020 with $626.155 million (up 1.9% year on year), the official forecast for Jan-Dec 2020 being $935 million. Investments in Minsk Oblast entities in Jan-Dec 2020 totalled $300.969 million (up 7%, forecast – $315m); Gomel Oblast – $102.85 million (up 33.3%; $90 million); Grodno Oblast – $97.323 million (up 2.1 times; $90 million); Brest Oblast – $71.482 million (up 16.6%; $90 million); Vitebsk Oblast – $39.651 million (down 6.7%; $90 million); Mogilev Oblast – $99.141 million (down 5.1%; $90 million). </p> <p>   </p> <p> Belarus’ processing industries received $504.338 million in net FDI in Jan-Dec 2020 (up 57.5% yr on yr); financial and insurance institutions – $190.431 million (down 39%); information and communication companies – $128.913 million (up 19.9%); wholesale trading companies – $147.723 million (up 42.6%); food, drinks and tobacco producers – $71.2 million (up 96%); coke and refined petroleum products - $59.173 million (up 16.2 times), metallurgical production, manufacture of fabricated metal products, except machinery and equipment - $69.321 million (up 2.5 times). </p> <p>   </p> <p> Belarus recorded a net outflow of foreign direct investments to the tune of $1.495 million (to compare with an inflow of $6.76 million in 2019) in electrical equipment manufacturing; electricity, gas, steam, hot water and air-conditioning supply – net outflow of $1.881 million (to compare with an inflow of $18 million in 2019). </p> <p>   </p> <p> Net FDI from Russia (largest investor in Belarus) increased 16.6% yoy to $307.273 million; Cyprus (second largest investor in Belarus) – down 7.6% to $251.031 million; the Netherlands – up 5.9-fold to $118.667 million; Germany – up 100% to $76.906 million; Lithuania - $37.315m (up 80%); the UK – down 4.4% to $26.242 million; USA – down 3.8% to $42.212 million; Poland – down 0.1% to $21.209 million; China – down 4.3 times to $23.674 million. </p> <p>   </p> <p> In January-December 2020 there was a net outflow of FDI from Austria in the amount of $12.203 million (net inflow of $21.344 million in Jan-Dec 2019), from Luxembourg in the amount of $2.718 million (positive value of $4.129 million), Bulgaria - $5.446 million (minus $11m in 2019). </p> <p>   </p> <p> Net FDI inflow from the EU countries grew by 19.6% in Jan-Dec 2020 to reach $583.342 million, EEU countries – up 16.6% to $314.571 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>

2021-02-19

Primepress