FDI growth in Ukraine slows in Q1


Growth in foreign direct investment (FDI) in the Ukrainian economy in the first quarter 2004 amounted to $216.3 million, which is 14.4% less than in the same period last year and 58.2% less than in the previous quarter.

The Ukrainian State Statistics Committee reported that total FDI amounted to $6.95 billion as at April 1.

Foreign investment totalled $282.2 million in the Ukrainian economy in January-March this year, compared with $295.2 million a year earlier, including $8.7 million from the CIS, compared with $20 million a year earlier. However, in the same period, investors withdrew $50.7 million, compared with $73.3 million a year earlier.

The main forms of investment were cash (45.8%), and contributions in the form of property and real estate (40%).

Source: Interfax



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