Financial Times FT.com

FDI risks becoming a casualty of war

By Rachel Morarjee in London

Published: August 15 2008 18:22 | Last updated: August 15 2008 18:22

Within hours of the ceasefire in Georgia, Heidelberg Cement reopened its cement factories near Tblisi.

The German company’s three cement plants supply about 60 per cent of the country’s market and are one of Georgia’s biggest foreign investments. They have flourished thanks to a construction boom in Georgia and neighbouring Azerbaijan and could be set to cash in on reconstruction.

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