Montenegro's net FDI down by 46% y/y in Jan-Apr 2012.

By bne IntelliNews June 21, 2012
Net foreign direct investment (FDI) in Montenegro fell by 45.8% y/y to EUR 79.8mn in the first four months of 2012, the central bank reported. The annual contraction decelerated from 53.5% in Q1. Total FDI inflow amounted to EUR 121.4mn and was mainly in the form of equity investment (EUR 89.5mn or 73.7% of total FDI inflow). Some 22.5% of total FDI were allocated to companies and banks and some 51.2% - to real estate projects. The amount of EUR 31.3mn or 25.8% of total FDI inflow came in the form of inter-company debt. Total FDI outflow reached EUR 41.6mn in the first four months. An amount equal to EUR 18.9mn represented withdrawal of non-residents' investments.

Montenegro's net FDI down by 46% y/y in Jan-Apr 2012.

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