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«AgroInvest» — News — New Inflow of Foreign Direct Investments in Ukraine 14.3% Down in Nine Months of 2010

New Inflow of Foreign Direct Investments in Ukraine 14.3% Down in Nine Months of 2010

2010-12-15 17:08:20

The net inflow of foreign direct investment in Ukraine January through September 2010 was $2.547 billion,which was 14.3% down on the same period last year,the State Statistics Committee has reported.

According to the committee,over the period foreigners made $3.423 billion in direct investment in Ukraine (13.3% down from 2009),but at the same time they withdrew $628 million (25.7% down).

Taking into account data for the first and second quarters,when the net inflow of investment was only $98.3 million and $397.5 million respectively (or 12% and 21.1% of the 2009 figures),the net inflow of foreign direct investment in the third quarter grew by $2.051 billion,which is 3.3 times up on 2009.

The total volume of foreign direct investment in Ukraine as of October 1 reached $42.512 billion,which is 6.4% up since the start of 2010. The committee said that foreign direct investment per capita was $926.70.

Over the period, the volume of investment from Cyprus grew by $620.5 million, from Sweden by $456.4 million, from Germany by $404.1 million, from Russia by $392.3 million, from the Netherlands by $128.5 million, from Luxemburg by $121.8 million and from France by $121 million.

Due to the sale of capital to non-residents from other countries and outflow of investment,the capital of investors from the United State fell by $88.8 million,from Iceland it fell by $29.3 million due to the sale of capital to non-residents from other countries,and by $21.6 million due to the exchange rate difference and capital outflow from Britain.

The sectors that saw the greatest increase in foreign capital over the period were financial companies ($1.684 billion),trade,auto repairs,domestic appliances and personal supplies ($237.6 million) and real estate, engineering and business services ($215.7 million).

Investment in Ukraine last year came from 124 countries. The largest investor countries,the total share of which was estimated at over 82% of the total investment,were Cyprus ($9.579 billion), Germany ($7.006 billion), the Netherlands ($4.083 billion), Russia ($2.956 billion), Austria ($2.667 billion), Britain ($2.287 billion), France ($1.752 billion), Sweden ($1.732 billion), the British Virgin Islands ($1.426 billion), and the United States ($1.218 billion).

Industrial enterprises received $13.488 billion (31.7%) of the total direct investment in Ukraine ,including $12.026 billion in the processing industry and $1.129 billion in the extracting industry.

About $1.84 billion in direct foreign investment went into food,beverages and tobacco production,$5.657 billion into metallurgical and finished steel production,$1.193 billion into chemical and oil and chemical sectors,$1.156 into engineering industry,and $802.2 million into the production of other non-metallic mineral goods.

Financial institutions accumulated $14.115 billion (33.2%) in direct investment,for real estate,engineering and business services the amount was $4.535 billion (10.7%),and for trade,auto repairs,domestic appliances and personal items the sum was $4.455 billion (10.5%).

As of October 1,2010,Ukrainian companies received $5.913 billion in loans from direct investors. The largest amount of investment was received from Cyprus ($2.063 billion),Germany ($718.4 million),the Netherlands ($586.1 million),Britain ($293.8 million),Austria ($258.6 million),and France ($175.6 million).

Total FDI,including borrowed funds came to $48.424 billion as of October 1,2010. In January-September 2010,Ukraine made $640.5 million in direct investments in the economies of other countries,mainly in the form of monetary payments.

Ukraine made direct investment of $6.851 billion in other countries,including $6.539 billion in EU countries (95.4% of the total),$217.5 million in fellow CIS countries (3.2%) and other countries $95.3 million (1.4%). Ukraine made direct investments in 47 countries,particularly Cyprus (92.8%).

Loans from Ukrainian direct investors totaled $129 million on October 1,2010. Total direct investment in other countries,including loan capital,totaled $6.981 billion.

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