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Saturday, October 19, 2024
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Montenegro’s foreign direct investment totals €575.2 million by August

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As of the end of August, total foreign direct investment (FDI) inflow amounted to €575.2 million, while €244.99 million flowed out of the country, according to preliminary data from the Central Bank of Montenegro (CBCG).

The net inflow of foreign direct investments, defined as the difference between inflows and outflows, stood at €330.21 million, reflecting an 18.5% increase compared to the same period last year.

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“The total inflow of foreign direct investments is 2.51% higher than in the comparable period,” states the Bulletin.

Outflows from the country due to resident investments abroad totaled €65.27 million, while non-residents withdrew €179.72 million from their investments in Montenegro.

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FDI in the form of equity investments reached €356.52 million, accounting for 61.98% of the total. Of this, €284.92 million was invested in real estate, while €71.6 million went into companies and banks.

Additionally, FDI in the form of intercompany loans amounted to €197.95 million, representing a 15.82% increase compared to the same period last year.

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