
Direct foreign investments reached the value of 1 billion euros in the first 9 months of the year. According to the data, the money was invested in the sale and purchase of properties, hydrocarbons and energy.
Foreign Direct Investments increased again in the third quarter of the year and for the first time exceeded the value of 1 billion euros during the 9-month period.
According to data from the Bank of Albania, the flow of Foreign Direct Investments reached the value of 404 million euros, increasing by 16%.
Registered in the value of 1 billion and 88 million euros, they are this year at the highest historical levels, where the annual growth is over 10%.
According to the sectors analyzed by the Bank of Albania, during the July-September period, currency flows were concentrated in real estate, to the extent of 23%, in the hydrocarbon sector, to the extent of 15%, to energy, to the extent of 14%, and to financial intermediation, to the extent of 10%. %.
Even during the third quarter, the increase in foreign investment was almost equally divided between new flows and reinvested profits of existing enterprises.
The main contribution to growth came from new capital investments, which reached 214 million euros, 41% more compared to the third quarter of 2022. Meanwhile, the reinvested profit category reached 201 million euros, up 3% compared to the same period of the previous year.
However, reinvested profits have a lead in the structure of foreign investments for the entire 9-month period. In 9 months, companies with foreign shareholders have reinvested profits in the amount of 575 million euros, or as much as 53% of foreign direct investments during this period. /Euronews
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