Ukraine says FDI in country’s economy up 4.4% in 1H 2017

The volume of foreign direct investment in the economy of Ukraine (equity capital of non-residents) as of July 1, 2017, amounted to $38.982 billion, which is $1.657 billion, or 4.4%, more than at year-start ($37.325 billion), according to the State Statistics Service.

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In the said period, equity capital of non-residents saw an inflow of $711 million in new investment while the outflow stood at $207 million. Positive revaluation for the same period was at $1.153 billion.

According to the data released, investments came from 75 countries, with Cyprus being the main investor with a share of $287 million and UK with $10 million.

Most FDI was directed to the industry ($265 million) as well as finances and insurance ($226 million).

Read alsoUkraine needs up to $10 bln in FDI annually to see economic growth: head of National Investment CouncilIt is also reported that the volume of direct investments (equity capital) of Ukraine-based enterprises in foreign economies in 1H 2017 amounted to $9.2 million.

The statistics agency recalled that the data did not cover the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol, as well as part of the zone of the Anti-Terrorist Operation in Donbas.

As UNIAN reported earlier citing the State Statistics Service of Ukraine, foreign investors in 2016 brought to the Ukrainian economy $4.406 billion in FDI (equity capital), which was $642 million, or 17.1%, more than in 2015 ($3.764 billion).

The National Bank of Ukraine estimated the FDI inflow in the economy of Ukraine in 2016 at $3.4 billion, including $1.1 bln in "live" money as the lion's share of investments was the conversion by foreign banks of their loans to parent structures into capital.

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