Volume of foreign direct investments (FDI) attracted by Romania, in the first 8 months of the year, stood at approximately 6.4 billion euros, a surge of 32% compared to the similar period in 2007, according to data released by the Romanian Agency for Foreign Investments (ARIS).
Over January-August 2007, the volume of foreign capital directly attracted by the economy stood at approximately 4.9 billion euros.
Over January-August 2007, the volume of foreign capital directly attracted by the economy stood at approximately 4.9 billion euros.
ARIS stressed that foreign direct investments attracted to Romania were possible due to a stable and foreseeable macro-economic context and by an attractive investment climate. ARIS recent estimations put the full-year FDI volume at more than eight billion euros. At present, ARIS provides technical assistance and monitors 92 foreign investment projects, in ongoing implementation in Romania, in the total cumulated value of 11 billion euros. These investments are to create 37,000 new jobs.
According to ARIS, Romania will continue in 2009, as well, this FDI upward trend, the fields of interest being the auto and auto components industry, processing industry, bio-energy and IT and research-development sectors.
Minister of Economy and Finance Varujan Vosganian pointed out recently that overall investments in the Romanian economy will amount at 47.7 billion euros in 2008 and are to exceed 50 billion euros in 2009.
Minister of Economy and Finance Varujan Vosganian pointed out recently that overall investments in the Romanian economy will amount at 47.7 billion euros in 2008 and are to exceed 50 billion euros in 2009.
According to him, in 2008 the investments are higher by 10 billion euros than in 2007. Of the total value, of 47.7 billion euros invested in the Romanian economy this year, 10 billion euros represent public investments (from the budget), 10 billion euros – foreign investments and 27.7 billion euros – investments made by the private sector.
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