Monitoring of direct investments of Belarus, Kazakhstan, Russia and Ukraine in Eurasia

• Report

  PDF, 5.54 Mb

Despite the global economic crisis, foreign direct investment (FDI) accumulated by the CIS four largest economies in Europe (outside the CIS) and East Asia has grown from US $25.8 billion to US $48.1 billion over 2009-2012 (+69%). Out of this, Russia accounts for US $41.3 billion.

Experts state that the leading recipients of FDI are Turkey (US $7.3 billion), Italy (US $6.4 billion), Romania (US $5.7 billion), Germany (US $3.7 billion), U.K. (US $3.5 billion) and Bulgaria (US $3.5 billion). In East Asia the largest recipient of investment is Vietnam (US $1.9 billion). Twelve countries have accumulated over US $1 billion of investment from Belarus, Kazakhstan, Russia and Ukraine and another eight US $500-999 million.

The investment activities of the four countries focus on the European Union. Fifteen “old” EU member states account for 44.7% of accumulated FDI from Belarus, Kazakhstan, Russia and Ukraine; new members that joined the EU in 2004 and 2007 have received 28.7%.

The fuel sector (US $20.15 billion), finance (US $6.6 billion) and ferrous metallurgy (US $5 billion) account for two thirds (US $31.7 billion) of accumulated FDI from Belarus, Kazakhstan, Russia and Ukraine in Europe and East Asia. The telecommunications and IT sector has received another 9% (US 4.3 billion) of investment.

The Eurasia FDI Monitoring project supplements another research by the EDB Centre for Integration Studies — Monitoring of Mutual Foreign Investment in the CIS Countries (CIS Mutual Investment Monitoring).