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Net FDI inflow into Montenegro rises in Jan-Aug

Author Radomir Ralev
Net FDI inflow into Montenegro rises in Jan-Aug Source: discover-montenegro.com

PODGORICA (Montenegro), November 12 (SeeNews) – The net inflow of foreign direct investment (FDI) into Montenegro rose to 259.4 million euro ($286 million) in the first eight months of 2019, from 250.5 million euro in the prior-year period, the central bank said, citing preliminary figures.

Total FDI inflow decreased to 515 million euro in the first eight months of 2019 from 545.7 million euro in January-August 2018, while FDI outflow declined to 255.6 million euro from 295.2 million euro, the central bank said.

The inflow of investments in companies and banks fell to 181 million euro in the period under review, from 217.3 million euro a year earlier, while investments in real estate went down 7.2% on the year to 108.7 million euro.

FDI inflow in the form of intercompany lending increased to 210.7 million euro in the first eight months, from 198.1 million euro in the like period of 2018.

The net inflow of foreign direct investment (FDI) into Montenegro fell to 327.6 million euro in 2018, from 484.3 million euro in the previous year.

($ = 0.90705 euro)

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