The recently released World Investment Report 2008, UNCTAD´s yearly review of investment trends, shows that in spite of a moderate slowdown, the level of foreign direct investment (FDI) directed to the Southern and Eastern Mediterranean partners of the EU remained important in 2007.
The MED region has attracted more than USD 57.6 bn in 2007 (a 5% decrease over 2006), a good performance when considering the region’s long term track record. However, by capturing only 3.15% of world FDI inflows (against a record 4.3% in 2006), it falls short of its 4% target (iMED's demographic weight in total world population). Following the record level reached in 2006 (nearly USD 61 bn), this relatively good figure shows that the region consolidates its position in a fierce global competition for FDI projects. The Mediterranean is clearly becoming an option to be considered by entrepreneurs in dire need of new business opportunities.
[Read+] |