TIRANA, Sept 10 /ATA/ Foreign direct investment increased in the second quarter and in the first 6 months of 2024.
The Bank of Albania announces that foreign direct investment reached EUR 395 million in the third quarter 2024, with an increase of 3.4% compared to the same period a year ago.
For the first six months, the total value of foreign direct investment reached EUR 749 million, with an increase of 8% compared to the corresponding period a year ago.
The increase in foreign investment is attributed to new investment flows but also to reinvested profits from existing investors. 52% of total foreign direct investment were new capital injections, while 47% were reinvested returns.
Foreign direct investment was mainly concentrated in real estate, at the extent of 25%, the financial intermediation sector, at the extent of 14%, hydrocarbons, at 13%, energy, at 13%, as well as communications, at the extent of 4%.
/sm/
