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Dialogue for security. The official site of non-governmental  association ]]> Foreign Policy and Security Research center ]]> (Minsk, Belarus)

Foreign investments in Belarus’ real production sector up 1.8 times in H1

MINSK, 17 August (BelTA) – In H1 2011 foreign investments in Belarus’ real production sector (without banks) went up 1.8 times over January-June 2010 to reach $8 billion, BelTA learned from spokesperson of the National Statistics Committee of Belarus Yelena Kondratenko.

Russia accounted for 51.1% of investments into Belarus’ economy. The share of Great Britain in the volume of investments was 19.5%, Cyprus – 9.2%, Austria – 5.8%.

Transport organizations raised 35.1% of the total volume of investments, trade organizations – 29.3%, manufacturing – 25.25.9%. The inflow of foreign investments in operations with immovable assets, rent and services sector soared 4.7 times as against H1 2010 to $406 million.

FDI accounted for 70.7% of the total volume of foreign investments. The inflow of FDI went up 2.1 times over the same period last year. Debt instruments were the main form of raising direct investment (84.3% of the total). Backlogs of inventory, works, services in the FDI structure made up $4.6 billion (up 1.9 times as against H1 2010).

The majority of foreign direct investment was injected into transport organizations (48.4%), trade (35.8%), manufacturing (7.7%).

Russian companies accounted for 58.6% of FDI, Great Britain – 24.7%, Cyprus – 3.7%, Italy – 2.9%, Germany and the United States – 1.3%.

Other foreign investments (indirect) went up 33% over H1 2010 to reach $2.3 billion. They accounted for 29.3% of the total amount of investments.

In H1 2011 Minsk companies raised 79.8% of investments, Gomel Oblast – 8%, Vitebsk Oblast – 5.7%.

External source of this news: http://news.belta.by/en/news/econom?id%3D650584
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