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Foreign investment in Russia down 14% to $76 bln in Jan.-Sept.

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Foreign investment in Russia fell 13.8%, year-on-year, in January-September to $75.8 bln while accrued foreign capital rose 27% from a year ago to $251.3 bln, the country's top statistics body said on Wednesday.
MOSCOW, November 19 (RIA Novosti) - Foreign investment in Russia fell 13.8%, year-on-year, in January-September to $75.8 bln while accrued foreign capital rose 27% from a year ago to $251.3 bln, the country's top statistics body said on Wednesday.

"Repayable investment accounted for a larger share of accrued foreign capital (50.7% compared with 53.5% as of late September 2007), foreign direct investment contributed 46.9% (44.4% a year ago) and portfolio investment 2.4% (2.1% a year ago)," Russia's State Statistics Service said.

Year on-year, foreign investment in Russia decreased 29.9% to $17.3 billion in the first quarter, 18% to $29.3 billion in the second quarter and increased 6.1% to $29.2 billion in the third quarter, the State Statistics Service said.

Cyprus, Great Britain, the Netherlands, Germany, Luxembourg, France and the Virgin Islands (U.K.) were the main investor countries for Russia. "These countries accounted for 78% of accrued foreign investment and 81.1% of accrued foreign direct investment," the State Statistics Service said.

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