Investments in 2008 to Increase 1.4% from 2007

Investments in 2008 to Increase 1.4% from 2007

The total nominal increase of investments in 2008 is expected to stand at 1.4 per cent, the
National Statistical Institute (NSI) said on Friday. The information has come from a business barometer poll which the NSI conducted among industrial enterprises in the second half of March.

The share of the private sector in the expected expenses for acquiring fixed tangible and intangible assets in 2008 reaches 78.7 per cent, BTA reported.

Private sector managers, however, envisage 3.5 per cent smaller investments than in 2007, whereas investments in the public-financed sector are expected to grow 24.6 per cent.

The largest share (38.8 per cent) of expected investments in 2008 will be made in the energy and water sectors, 19.6 per cent up from 2007. The second-largest share (36.2 per cent) of
investments will be made in the sectors manufacturing intermediate consumption products, which will be 4.8 per cent less than in 2007.

Next in the table come the sectors producing foods and drinks and the sectors making investment goods, constituting a total of 17.8 per cent of expected investments in 2008, with business managers envisaging lower investment activity compared to 2007.

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