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Montenegro’s 7-mo net FDI falls 10.5%

Sep 19, 2012, 1:24:35 PMArticle by Valentina Dimitrievska
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September 19 (SeeNews) - The net inflow of foreign direct investment (FDI) in Montenegro fell by an annual 10.5% to a preliminary 203.8 million euro ($266.04 million) in the first seven months of 2012, the central bank said.

Montenegro’s 7-mo net FDI falls 10.5%

Total FDI inflow through July amounted to 274.2 million euro, whereas outflow stood at 70.4 million euro, the central bank said in a statement posted on its website earlier this month.

In the first seven months of the year, there was a marked uptrend in FDI inflow on a monthly level, as well as a 40% annual increase in investment in real estates, the central bank added.

In 2011 Montenegro attracted 389 million euro of net FDI, down from 542 million euro in 2010.

($=0.7660 euro)

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