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Real Estate Operations with Most Direct Investment for January-June 2007 |
Bulgarian national bank (BNB) published data according to which most investment for the period January-June 2007...
...have been attracted to the sector connected with real estate operations, rents and business services. They amount to 729.3 M EUR.
The revenues from the sale of real estate to foreigners are 817.4 M EUR compared to 456.9 M EUR for January-June 2006.
Compared to the previous month the total amount of the direct investment has a little decrease of 0.1% and the preliminary data shows that for the period January-June 2007 a capital of 2112.7 M EUR has entered the country, which is 7.9% of the GDP.
The BNB data shows that English and Austrian capital dominate the foreign investments in Bulgaria for th first six months of the year.
Most investments have been attracted from Britain. They account for 15.9% of the total FDI (foreign direct investment) in Bulgaria.
The percent of Austrian companies is also very high. They form 13.2% of the total FDI in the first half of 2007. The third place is held by capital from Luxembourg, which is 11.8% of the incoming capital flow.
