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Monday, August 3, 2015

«Planning»: increase in net foreign direct investment to $ 5.7 billion

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The Ministry of Planning, in a statement, that the net foreign direct investment rose to $ 5.7 billion during the nine months from July to March for the fiscal year 2015/2014, compared to about $ 3.1 billion during the same period of the previous fiscal year.
The ministry pointed out that the rise is a positive sign in the direction of attracting more foreign direct investment in the light of the economic and political stability that the country witnessed recently. The ministry added that the net foreign direct investment is witnessing a positive development during the year 2014/2013 compared to 2013/2012, which rose by about $ 300 million by about 8 percent, from about $ 3.8 billion to about $ 4.1 billion during this period. The foreign direct investment has recorded about $ 4 billion in 2012/2011, and about $ 2.2 billion in 2011/2010.

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