At the end of March, total foreign direct investment (FDI) inflows amounted to EUR 208.81 million, while outflows from the country totaled EUR 91.26 million, according to preliminary data from the Central Bank of Montenegro (CBCG).
Net FDI inflows, representing the difference between inflows and outflows, stood at EUR 117.55 million at the end of March, marking a decrease of 1.08% compared to the same period last year.
“The total inflow of foreign direct investment decreased by 0.76%, driven by reduced investments in real estate, despite increased inflows from investments in companies and banks, as well as intercompany debt,” the Bulletin stated.
Outflows due to residents’ investments abroad amounted to EUR 23.62 million, while withdrawals of funds invested in Montenegro by non-residents totaled EUR 67.64 million.
FDI inflows in the form of equity investments amounted to EUR 129.94 million, constituting 62.23% of the total. Of this amount, EUR 93.81 million was invested in real estate, and EUR 36.13 million in enterprises and banks.
FDI inflows in the form of intercompany debt reached EUR 75.39 million, reflecting an increase of 6.2% compared to the same period last year.