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Sunday, December 15, 2024
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Montenegro’s foreign direct investment inflows rise to 372.57 million euros by September

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The total inflow of foreign direct investments (FDI) by the end of September amounted to €657.67 million, while at the same time, €285.1 million was withdrawn from the country, according to preliminary data from the Central Bank of Montenegro (CBCG).

The net inflow of foreign direct investments, which represents the difference between the inflow and outflow, stood at €372.57 million by the end of September, marking an 18.76% increase compared to the same period last year.

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“The total inflow of foreign direct investments is 5.46% higher compared to the same period,” the Bulletin states.

Investments from residents abroad totaled €70.99 million, while withdrawals of funds by non-residents invested in Montenegro amounted to €214.11 million.

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The inflow of FDI in the form of equity investments reached €420.28 million, accounting for 63.9% of the total. Of this, €320.23 million was invested in real estate, while €100.05 million went into businesses and banks.

The inflow of FDI in the form of intercompany debt amounted to €216.39 million, representing a 14.25% increase compared to the same period last year. The remaining 3.2% was attributed to other investments.

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