FDI Up 10.8% In 9M05.
16 November 2008
In January-September, foreign direct investments grew by USD 932.1 mln to USD 9.5 bln as of October 1. Concorde Capital: During the same period in 2004, FDI grew 14.7%. Annual growth over the last three years has never been below 20%. The government’s plans to welcome USD 1.5-2 bln in foreign investments in 2005 were a complete flop, due to lack of investor-friendly policies in the first half of the year. We believe the Yekhanurov’s government will break this negative trend, signs of improvement are visible already.
