Some 2.2% decline of FDI in Bulgarian companies in a year

Foreign direct investments (FDI) in the non-financial sector stood at €21.616 bn at the end of 2011, registering a 2.2% decline, compared to 2010, showed preliminary data of the National Statistical Institute (NSI).

The amount of FDI in industry was the biggest - €8.741 bn. In the service sector, including trade, repair of motor vehicles and motorcycles, transportation, storage, postal services and the hospitality industry, FDI totaled €4.121 bn. In 2011, industry and services accounted for 59.5% of the total volume of FDI and their share increased by a total of 3.4 percentage points over the previous year.

Investments in construction decreased by 40% last year, compared to 2010 and amounted to €775 mln. In 2011, expenditures for acquisition of tangible fixed assets in all sectors of the economy stood at €17.763 bn, registering an increase of 9.5% over the previous year. Again, the biggest amount of money was invested in the industrial sector – BGN 5.428 bn. Investments in the service sector stood at BGN 3.961 bn. In 2011, these two sectors accounted for 52.9% of the total volume of expenditures for tangible fixed assets.

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