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Net FDI inflow into Montenegro rises in Q1

Author Radomir Ralev
Net FDI inflow into Montenegro rises in Q1 Gena96/Shutterstock.com

PODGORICA (Montenegro), May 21 (SeeNews) – The net inflow of foreign direct investment (FDI) into Montenegro rose to 82.7 million euro ($92.2 million) in the first quarter, from 50.8 million euro in the prior-year period, the central bank said, citing preliminary figures.

Total FDI inflow increased to 181.8 million euro in the first quarter of 2019 from 138.4 million euro in January-March 2018, while FDI outflow grew to 99 million euro from 87.6 million euro, the central bank said.

The inflow of investments in companies and banks grew to 85 million euro in the period under review, from 23 million euro a year earlier, while investments in real estate went up 18.8% on the year to 38.5 million euro.

FDI inflow in the form of intercompany lending increased to 50.8 million euro in the first quarter, from 79.6 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.

($ = 0.897207 euro)

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