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Belarus posts increase in direct foreign investment
RBC, 25.08.2006, Minsk 09:51:27.In the first six months of 2006, direct foreign investment to the Belarusian economy increased by 25.5 percent to $3278.7m, the Belarusian government's press office said. Direct investment accounts for 32.8 percent of the total foreign investment worth $1bn received in H1 2006. Credits and loans obtained immediately from investors proved the prevailing method of raising money (81.4 percent of the total), while other direct investments contributed 11.6 percent, and investment into authorized capital 6.8 percent. The largest investment came from companies based in Switzerland (71.3 percent of the total), Russia (4.5 percent), Poland (4.2 percent), Austria (3.8 percent), the Netherlands (3.6 percent), UK (2.8 percent) and Latvia (2 percent). Investment was raised mostly for such areas as commercial activities to provide for market operation (70.8 percent), industrial production (17.4 percent) and retail and public catering (7.3 percent).
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