World Investment Report, 2023

By IASbook Team September 23, 2023 Educational Resources 0 Comments

Recently, the United Nations Conference on Trade and Development (UNCTAD) has published the World Investment Report, 2023: Investing in Sustainable Energy For All”.

Key Highlights

As per report, the global Foreign Direct Investment (FDI) declined by 12 per cent in 2022, to $1.3 trillion.
In developing countries, FDI increased by 4 per cent to $916 billion, or more than 70 per cent of global flows, a record share.
In East Asia, inflows to China rose by 5% to $189 billion, mainly in manufacturing and high-tech industries and mostly from European multinational enterprises (MNEs).

Flows to Hong Kong (China) fell by 16% to $118 billion.

In South Asia, FDI flows to India rose by 10% to $49 billion as the country became the third-largest host country for greenfield project announcements and the second-largest for international project finance deals.
FDI in Bangladesh grew by 20% to $3.5 billion.