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Montenegro’s 9-mo net FDI rises 11.6%

Nov 23, 2012, 10:57:46 AMArticle by Valentina Dimitrievska
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November 23 (SeeNews) - The net inflow of foreign direct investment (FDI) in Montenegro rose 11.6% on the year to a preliminary 302.6 million euro ($390.1 million) in the first nine months of 2012, the central bank said.

Montenegro’s 9-mo net FDI rises 11.6%

Total FDI inflow through September amounted to 396.4 million euro, whereas outflow totalled 93.8 million euro, the central bank said in a statement posted on its website earlier this week.

FDI inflow in the form of equity investment was 66.3% of total inflow.

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

($=0.7756 euro)

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