Page 20 - BELRptDec18

5.3 FDI
Belarus -FDI 2010 2011 2012 2013 2014 2015 2016
FDI Net (BoP) -1,343 -3,877 -1,308 -1,984 -1,789 -1,546 -1,124
FDI net inflows (BoP)
1,393 4,002 1,464 2,246 1,862 1,652 1,247
FDI net inflows (% of GDP) 2.43 6.48 2.23 2.97 2.36 2.93 2.63
FDI net outflows (% of GDP) 0.09 0.20 0.24 0.35 0.09 0.19 0.26
Foreign investors injected $7.7bn into Belarus' real economic sector (banks not included) in January-September 2018, the National Statistics Committee reported on November 13. The bulk of foreign investment came from Russia (36.3% of all inbound investment), the United Kingdom of Great Britain and Northern Ireland (25.3%), and Cyprus (8.4%). The more specific foreign direct investment (FDI) was estimated to be $6.1bn, accounting for 79.9% of foreign investment, the statistics committee said. Belarusian companies (banks not included) invested $4.6bn in foreign countries in January-September. The most outbound investment went to Russia (69.5% of all investment abroad), followed by Ukraine (16.8%) and the United Kingdom (5.1%). FDI accounted for 94.4% of all outbound investment.
In January-September 2018 Belarus attracted $1.4bn in foreign direct investment , up 47% in comparison with the previous year. “If we take a look at the structure of foreign direct investment, we will see that foreign capital continues to prevail in fast-return sectors of the economy. First of all, these are trade and services. Our task is to shift gradually to the industrial sector,” said Economics Minister Dmitry Krutoi. Investments in Belarus rose by 9.8% in January-September 2018. The 100 largest projects account for about 40% of investment in the real economic sector, according to the government. Before 2025 Belarus plans to attract about $6bn for top-priority infrastructure projects, including through the use of the public-private partnership mechanism.
In 2017 foreign investors injected $9.7bn into Belarus' economy (except for banks), says the National Statistics Committee of Belarus. The primary investors were from Russia (38% of the total investment), the United Kingdom (26.6%), and Cyprus (7.2%). Foreign direct investment made up $7.6bn, or 78.5% of the total. In 2017 Belarusian economic operators (except for banks) transferred $5.5bn in investments abroad. Considerable sums were channeled into economic operators in Russia (66.9% of the total outgoing investments), Ukraine (17.3%), and the UK (7.6%). Direct investments accounted for 93.8% of the total outgoing investments.
20 BELARUS Country Report December 2018 www.intellinews.com