Foreign direct investment in Moldova increase 24 per cent in first half of 2017
19:04 | 01.09.2017 Category: Economic
Chisinau, 01 September /MOLDPRES/ – The foreign direct investment (FDI) recorded net inflows of $40.2 million in the first half of 2017 as a result of net liabilities of $41.9 million, while net capital outflows increased $1.7 mln. As a result, the net inflows of foreign direct investment increased by 24 per cent compared to the same period in 2016, according to the Ministry of Economy and Infrastructure’s press release.
In the first six months of 2017, the investors from Moldova made direct investments abroad in the form of shares in foreign companies worth $1.5 million. At the same time, foreign direct investors paid $0.2 million of their debts to resident businesses. Thus, residents' foreign assets in the form of direct investment declined by $1.7 million in the net worth.
The net increase of FDI was mainly generated by the reinvestment of profits by foreign investors in Moldovan subsidiary companies in the amount of $33.1 million and by the new investments in the capital of Moldovan companies in the amount of $11 million. Similarly, there were made net payments of the debts of the resident enterprises to their foreign direct investors amounting to $2.3 million.
(Reporter V. Bercu, editor M. Jantovan)