ZAGREB, Sept 24 (Hina) - Direct investments in Croatia amounted to US$899 million in 2000 and US$29 million in the first trimester of this year, read UNCTAD World Investment Report presented Monday. The overall foreign direct
investment world-wide amounted to US$1,300 billion last year, which is 18 percent more than in 1999. The report also shows that developed countries are still the greatest investors and receivers of investments, namely three-fourths of the overall investments, while 19 percent (US$240 million) are invested in developing countries. Direct investments amounted to US$25 billion in the countries of central and eastern Europe in the year 2000. Poland received the most (US$10 billion), the Czech Republic follows with US$4.5 billion, Russia with 2.7 and Slovakia with US$2 billion. Croatia is not part of that group this year either, but is included in the group
ZAGREB, Sept 24 (Hina) - Direct investments in Croatia amounted to
US$899 million in 2000 and US$29 million in the first trimester of
this year, read UNCTAD World Investment Report presented Monday.
The overall foreign direct investment world-wide amounted to
US$1,300 billion last year, which is 18 percent more than in 1999.
The report also shows that developed countries are still the
greatest investors and receivers of investments, namely three-
fourths of the overall investments, while 19 percent (US$240
million) are invested in developing countries.
Direct investments amounted to US$25 billion in the countries of
central and eastern Europe in the year 2000. Poland received the
most (US$10 billion), the Czech Republic follows with US$4.5
billion, Russia with 2.7 and Slovakia with US$2 billion.
Croatia is not part of that group this year either, but is included
in the group of countries called "developing Europe" which consists
of the countries of the former Yugoslavia and Malta. In this group,
the majority of investments were made in Croatia - US$899 million
(which is less than in 1999 when the investments amounted to US$1.5
billion.) Malta follows with US$639 million, Slovenia with US$181
million, Macedonia with US$170 million, Bosnia-Herzegovina with
US$117 million, and after a long time, the federal Republic of
Yugoslavia appeared on the list with US$29 million.
In the period between 1993 and the first trimester of 2001, foreign
investments in Croatia amounted to 4.83 billion. The majority of
the investments came from developed countries (two thirds from the
European Union countries, while the most important sectors were
telecommunications with 22 percent of the overall investments,
banking (21 percent), and the pharmaceutical industry.
The Croatian Privatisation Fund (HFP) president, Hrvoje Vojkovic,
said that in the first nine months of this year, the HFP portfolio
worth 250 million kuna underwent the privatisation process.
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