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€36.5m outflow in the first four months of 2017

Total inflow from foreign direct investments (FDI) in the first four months of 2017 amounted to €176m, whereas at the same time, the outflow was €36.5m, preliminary data of the Central Bank of Montenegro (CBCG) show.

Net foreign direct investment inflow, or the difference between its inflow and outflow amounted to €139.5m, which is 1.6 times more than in the same period last year.

“The outflow of residents’ funds invested abroad amounted to €7.2m, whereas non-residents’ funds invested in Montenegro amounted to €29.3m,” CBCG stated in its bulletin.

The inflow of foreign direct investments in the form of equity investments amounted to €101.3m, accounting for 57.6% of the total inflow. Out of this, real estate investment amounted to €49.5m, whereas €51.8m was invested in companies and banks.

FDI inflows in the form of intercompany debt amounted to €72.7m or 41.3% of the total inflow.

Inflow based on residents’ funds invested abroad amounted to €2m.

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