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IN 1ST QUARTER OF THE YEAR 236.5 MLN FOREIGN INVESTMENTS IN CROATIA

ZAGREB, July 13 (Hina) - Direct foreign investments in Croatia in the first three months of this year totalled 236.5 million US dollars. The value of investments made from 1993 to the end of March 2003 was almost $7.5 billion.
ZAGREB, July 13 (Hina) - Direct foreign investments in Croatia in the first three months of this year totalled 236.5 million US dollars. The value of investments made from 1993 to the end of March 2003 was almost $7.5 billion. #L# According to data released by the Croatian National Bank, investments from Austria accounted for 42.5 percent of all foreign investments in the first quarter of this year. Austria with 23.6- percent share in foreign investments in Croatia since 1993 is the leading investor. As regards the first quarter of the year, investors from France were second-ranked with 11.4 percent, Dutch investments accounted for 11.2 percent and Luxembourg for 10.2 percent. The share of investments from neighbouring Slovenia made up 6.6 percent of total foreign investment in Croatia in said period. The telecommunications sector received 18 percent of those investments. The manufacturing of radio and television relays and phones attracted 15.6 percent of the total investments. Of 237 million investments, 13.6 percent went to the crude petroleum and natural gas extraction. The value of the foreign investments in the first quarter of 2003 accounted for 0.9 percent of the projected Gross Domestic Product. (hina) ms sb

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