Foreign direct investment into CR tops 187 billion in H1

05-09-2002

In the first half of this year, the Czech Republic saw an inflow of foreign direct investment amounting to almost 6 billion USD. The figure is comparable to the Foreign Direct Investment inflow for the whole of 2001. The most important investors in the first half of this year came from Europe, making up over 98 pct of the sum total. The biggest revenues came from the privatisation of the state's stake in the national gas importer Transgas. Over 60 percent of FDI inflow in the second quarter was into transport and telecommunications and over 13 percent into banks and insurance companies.