In nowadays a prerequisite of a successful economic development and increased competitiveness is implementation of proper productions assets and technologies, based on latest scientifically achievements, as well as development of infrastructure, which cannot be done without investments. An effective attraction of investments in national economy is a key factor, which will provide favorable conditions in order to perform structural changes to national economy, regional development and promotion of technical progress, that is why investments in public and private sector conduce development of national economy and will provide conditions to increase competitiveness of country in overall. The aim of research is to evaluate impact of the global crises on investment processes in, Latvia, thus revealing problems and challenges in this sector. In analyses there are used different qualitative and quantitative analysis methods, such as scientific literature and empirical research analysis, modeling tables, charts and schemes, calculations of average and relative values, grouping, comparisons and other. There are used Latvian and international scientific researches and publications on investments and its role on economic growth process, which are available in Central Statistical Bureau of the Republic of Latvia (the RL) and Eurostat data bases, reports from the Ministry of Economics of the RL, also the World Bank, the OECD and other international organizations researches and information available in internet. As a result of research there were defined directions of investment policy, essential obstacles which delays investment attraction in Latvia.