Montenegro attracts EUR 468mn in FDI Jan-Sep.

By bne IntelliNews October 28, 2010
The country attracted foreign direct investments (FDI) worth EUR 468mn in the first nine months of the year, according to data from the Montenegrin Investment Promotion Agency (MIPA) published by seebiz.eu newswire. FDI inflow is seen reaching some EUR 660-680mn by the end of 2010, MIPA's head, Petar Ivanovic, said. The forecasted inflow for full-2010 is close to the inflow the country reported in 2009, excluding proceeds from the sale of EPCG power utility. Montenegro remains an attractive destination for foreign investors, Ivanovic said adding that the country had the highest FDI per capita among its neighboring countries.

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