Interfax: Foreign direct investment in Russian companies jumps 80% to $78 bln in 2013

MOSCOW. Jan 17 (Interfax) – Foreign direct investment in Russia’s non-banking sector surged 80% to $78.4 billion in 2013 from $42.8 billion in 2012, balance of payments estimates published on the Central Bank of Russia’s website show.

FDI totalled $14.9 billion in the fourth quarter, $13.4 billion in the third quarter, $14.3 billion in the second quarter and $35.8 billion in the first quarter.

Foreign portfolio investment in Russia’s non-banking sector fell by $11.3 billion in 2013 after dropping by $8.1 billion in 2012.

Portfolio investment plunged $4.8 billion in the fourth quarter of 2013 after sliding $2.8 billion in the third quarter, $2.4 billion in the second and $1.2 billion in the first.

Foreign portfolio investment in the debt of Russia’s federal government agencies grew by an estimated $11.9 billion in 2013, or by 30% less than in 2012 when it grew by $17.1 billion. Growth of such investment slowed to $1.4 billion in the fourth quarter of 2013 from $6.2 billion in the third quarter.