KSH: Investments increased by 18.3 percent

In the third quarter of this year, the volume of investments grew by 18.3 percent, compared to the previous year’s low base, following the 26.8 percent rise in the previous quarter and the 23.3 percent increase in the first quarter – the Central Statistical Office (KSH) announced on Tuesday.

Growth was due to the capacity-building developments of the businesses, programs related to projects funded from EU budget cycles 2014-2020 and the recovery of housing and other real estate investments – the agency added.

The seasonally adjusted volume of investments was 3.5 percent higher than in the previous quarter. (MTI).