Preliminary data from the Central Bank of Montenegro (CBCG) reveals that by the end of February, foreign direct investment (FDI) inflows reached EUR 147.7 million, with outflows amounting to EUR 64.13 million.
This resulted in a net inflow of FDI totaling EUR 83.56 million, marking a significant increase of 96.19% compared to the same period last year.
According to the bulletin, the surge in total FDI inflows by 42.83% is attributed to heightened investments in domestic enterprises, banks, inter-company debts, and real estate ventures.
Outflows stemming from residents’ investments abroad accounted for EUR 20.16 million, while withdrawals of funds from non-residents’ investments in Montenegro amounted to EUR 43.98 million.
Of the FDI inflows, EUR 90.93 million were in the form of equity investments, representing 61.56% of the total. Notably, EUR 59.1 million went into real estate ventures, while EUR 31.83 million were directed towards companies and banks.
Additionally, FDI inflows in the form of inter-company debts totaled EUR 53.58 million, showcasing an impressive 83.09% increase compared to the corresponding period last year.
