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Net FDI inflow into Montenegro rises in Jan-Sept

Nov 28, 2019, 12:45:05 PMArticle by Radomir Ralev
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PODGORICA (Montenegro), November 28 (SeeNews) – The net inflow of foreign direct investment (FDI) into Montenegro rose to 266.7 million euro ($293.7 million) in the first nine months of 2019, from 217.7 million euro in the prior-year period, the central bank said, citing preliminary figures.

Net FDI inflow into Montenegro rises in Jan-Sept
License: Creative Commons BY-NC 2.0

Total FDI inflow increased to 591.7 million euro in the first nine months of 2019 from 588.2 million euro in January-September 2018, while FDI outflow declined to 325 million euro from 370.5 million euro, the central bank said.

The inflow of investments in companies and banks fell to 206.2 million euro in the period under review, from 231.3 million euro a year earlier, while investments in real estate went down 2.9% on the year to 130 million euro.

FDI inflow in the form of intercompany lending increased to 235 million euro in the first nine months, from 203.8 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.

($ = 0.908004 euro)

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