In H1 2014, foreign investment into Belarus increased by more than 6 percent
According to the National Statistical Committee of Belarus, in H1 2014, foreign investors injected $8.3bn into the real sector of the economy (excluding banks) — up 6.2 percent up H1 2013.Russian companies were the major investors; accounting for 42.7 percent of the total investment allocated in the Republic, followed by those from the UK (19.8 percent), the Netherlands (11 percent), Cyprus (6.1 percent), Austria (3.6 percent) and Germany (2.4 percent).
The greatest amount of foreign investment were sent to trade organisations (34.8 percent of the total volume), as well as to those specialising in transport (25.2 percent) and industry (21.4 percent).
Gross receipt of FDI amounted to 71.2 percent from the total amount of foreign injection. Compared to H1 2013, gross receipt of FDI dropped by 7.9 percent. The major form of attracting FDI was debt instruments (accounting for 79.5 percent of the total volume of FDI). The debt for goods, works and services in the volume of FDI gross receipt totalled $4.4bn in the first six months of this year — 2.7 percent down on H1 2013.
The greatest amounts of gross direct foreign investment was sent to trade organisations (43.7 percent of the total amount), transport (34.8 percent) and industry (12.4 percent).Considerable amounts of foreign injections (taking into account debt for goods, works and services) came from Russian residents (50.7 percent of the total volume of FDI), from those in the UK (25.5 percent), Cyprus (6.7 percent), and Germany (3.2 percent).
Other foreign investments (not from direct investors) totalled $2.4bn — 1.7 times more compared to H1 2013 — accounting for 28.8 percent of the gross receipt of foreign injection.
Over the first six months of this year, the biggest sums were injected by foreign investors into organisations in Minsk (75.9 percent), companies of the Minsk Region (6.3 percent), those in the Vitebsk Region (6 percent) and in the Gomel Region (5.9 percent).
