Geostat published new data revealing that foreign direct investment (FDI) in Georgia’s energy sector increased in the first half of 2025, reaching USD 126 million, a 34.7% increase compared to the same period last year. The sector now stands as the country’s second-largest FDI recipient, behind financial and insurance activities.
This growth comes against a bigger decline investment. Overall FDI in Georgia totaled USD 763.7 million in January–June, down 15.5% year-on-year. Despite the slowdown, energy remained one of the few sectors to post strong gains, pointing out its growing role in the national economy.
The Czech Republic emerged as the leading investor, contributing around 60.1% of all energy-related FDI with USD 75.7 million. The Netherlands (USD 9.2 million) and Turkey (USD 3.1 million) also made notable investments. Meanwhile, contributions from several other countries, including the Marshall Islands, Japan, the United States, China, Cyprus, Denmark and Estonia, remain undisclosed under Georgia’s Law on Official Statistics which prevents the release of data that could directly or indirectly identify investors.
Primary Georgian companies that attracted foreign investment during this period include:
- JSC Telasi
- JSC Georgia-Urban Energy
- JSC Tbilisi Energy
- JSC Energo-Pro Georgia
- JSC Sakorggaz
- JSC Eastern Energy Corporation
- JSC Dariali Energy
- JSC Acharistskali Georgia
- JSC EP Georgia Generation
- JSC EP Georgia Supply.
