Podgorica, (MINA-BUSINESS) – According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €85.97 million in January, while the outflow totalled €27.24 million.

The latest CBCG Bulletin says that net foreign direct investments amounted to €58.73 million between, up 408.7 percent year on year.

The total inflow of foreign direct investments was 96.31 percent higher than in the corresponding period, as a result of an increase in investments in domestic companies and banks, and investments based on the intercompany debt.

The residents’ investments abroad amounted to €7.4 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €19.84 million.

The FDI inflow related to the ownership investments amounted to €52.46 million, which accounts for 61.02 percent of the total inflow. Of that amount, the inflow based on the real estate investments amounted to €29.4 million, while the investments in companies and banks amounted to €23.06 million.

The FDI inflow in the form of intercompany debt amounted to €31.89 million, which is 135.52 percent more than in the last year’s corresponding period.