State statistics office of Ukraine has published a study of direct foreign investment to the state during January-September of 2011. According to the list available on the office’s website there are 14 leaders in the field. Cyprus takes the top spot. The country leaves Germany, the occupier of second place, in quite a distance. The latter is responsible for 15% of all direct foreign investment this year, while Cyprus has the notable figure of 24,9% which translates to 12 081 mln. US dollars.
The third place belongs to Netherlands –place often used as a transit point between jurisdictions due to the extensive network of double taxation avoidance agreements it has. The top ten ends with British Virgin Islands. From this jurisdiction there were about 1561,4 mln. US dollars brought to Ukraine’s economy. Switzerland isn’t too far behind with 925,6 mln. dollars under it’s belt.
If one will compare the same data from 2010 and recent findings, the absence of any noticeable differences will become apparent. Maybe except the fact that in 2010 list the BVI took the 9th place.
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Sources:
Ukraine’s state statistics service website.