November 21 (SeeNews) - The net inflow of foreign direct investment (FDI) into Montenegro rose to 311.7 million euro ($365.3 million) in the first nine months of 2017, from 281.9 million euro in the prior-year period, the central bank said citing preliminary figures.
Total FDI inflow dropped to 409.8 million euro in the first nine months of 2017 from 551.9 million euro in January-September 2016, while FDI outflow declined to 98.1 million euro from 270 million euro, the central bank said on Monday.
The inflow of investments in companies and banks fell to 117.1 million euro in the period under review, from 139.5 million euro a year earlier, while investments in real estate grew 21.5% on the year to 106.7 million euro.
FDI inflow in the form of intercompany lending rose to 177.3 million euro in January-September, from 135 million euro in the like period of 2016.
The net inflow of FDI into Montenegro decreased to 371.6 million euro in 2016, from 619.3 million euro in the previous year.
($=0.853048 euro)