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     Scallion Side Hero Username: Scallion Post Number: 5646 Registered: 05-2009 Posted From: 173.46.239.245 Rating: N/A |
The new UN survey clearly showed that India is the second most preferred country for investment for Foreign Direct Investment (FDI) after China. Buzz up! According the study during 2010-2012, India has replaced United States (US) from the second place and US now has acquired the fourth place in FDI's most preferred countries' list. India replaced the US as the second most important destination for FDI by transnational companies in 2009 following severe recession in the US. "The results point to a recovery in global FDI flows in 2010 and further growth in 2011 and 2012," said the survey. Global FDI flows are expected to jump increase from USD 1.2 trillion this year to USD 1.3-USD 1.5 trillion in 2011 and USD 1.6-2.0 trillion in 2012. Jai NTR, Jai Jai TDP | ||
| Scallion Side Hero Username: Scallion Post Number: 5645 Registered: 05-2009 Posted From: 173.46.239.245 Rating: N/A |
If receiving foreign direct investment were an Olympic discipline, the US’s days on the podium would be numbered. By 2012, India and Brazil will have leapfrogged the US as FDI destinations, according to a survey of global businesses published late on Monday. Indeed, the World Investment Prospects Survey 2010-2012 - from the UN Commission on Trade and Development - is a vindication of Goldman Sachs’ Bric paradigm: all four emerging giants are in the top five FDI destinations. But the newer concept of CIVETS receives less support. The CIVETS - Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa - are HSBC’s bet for the next big things. However, only three make the respondents’ top 20, with Vietnam the best performer at number 8. Perhaps the biggest surprise on the list is Mexico, which has risen from twelfth to sixth, despite negative headlines over its drugs war. Meanwhile Thailand, whose currency and stocks are surging, enters the list at number 11. Globally, UNCTAD’s survey of 236 transnational corporations and 116 investment promotion agencies - a prelude to its World Investment Report - finds that the economic crisis has not led companies to retreat back to their home countries Jai NTR, Jai Jai TDP |
