Area Development News Desk (10/17/2007)
Global foreign direct investment (FDI) for the year 2006 rose more than
38 percent over 2005, with inflows of more than US$1.3 trillion,
according to the United Nations Conference on Trade and Development's
(UNCTAD) World Investment Report 2007. The report finds that
the growth occurred in all there groups of economies - developed
countries, developing countries, and the transition economies of
Southeast Europe and the Commonwealth of Independent States. Among
developed countries, the FDI inflow reached US$857 billion, a 45
percent increase over 2005, with the United States regaining its
position as the leading host country for FDI, followed by the United
Kingdom and France. In developing nations, FDI rose to US$379 billion,
a 21 percent increase, with China, Hong Kong, and Singapore leading the
inflows. In the transitional economies, a 68 percent increase to US$69
billion was led by the Russian Federation. The report predicts that FDI
will continue to increase in 2007, albeit at a slower growth rate than
in 2006.
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