RAMALLAH, December 1, 2011 (WAFA) – Total foreign liabilities of Palestinian enterprises (stocks held by non-residents invested in Palestinian enterprises) amounted to US$2,297 million at the end of 2010, according to a Palestinian Central Bureau of Statistics (PCBS) report on Thursday.

Direct investment abroad contributed 3%, portfolio investments abroad contributed 15%, other foreign investments, 64%, and reserve assets, 18%, it added.   

However, Foreign Direct Investment (FDI) in Palestinian enterprises contributed 60%, portfolio investments in Palestinian enterprises reached 27%, and other investments in Palestinian enterprises were 13%. 

The results showed that nearly half of FDI in Palestinian enterprises is concentrated in financial intermediation activity, while investment from Jordan contributed nearly 76% of total stock of FDI in Palestinian enterprises.

The results also showed that about 63% of total portfolio investments in Palestinian enterprises are concentrated in services, transport, and storage and communications activities, while investments from Jordan contributed nearly 53% of the total stock of portfolio investments in Palestinian enterprises.

M.H./F.J.