Asian developing countries with quality education, to net foreign investment flows; UNCTAD

Asian developing countries, with quality higher education systems, will act as foreign investment magnet over the next two years, says UN trade agency UNCTAD.







Asian developing countries, with quality higher education systems, will act as foreign investment magnet over the next two years, says UN trade agency UNCTAD. Developing countries in Asia are attracting large and rapidly increasing flows of investment from transnational corporations (TNCs), and much of that money is going towards knowledge-intensive activities, UNCTAD officials told an Asian investment conference this week.

Asian governments that actively promoted imports of technology and know-how and invested in education, are already reaping returns on investment as more sophisticated economic activity starts flowing their way.

UNCTAD’s Global Investment Prospects Assessment (GIPA) from 2005 to 2008 shows that investors are shifting focus away from traditional destinations, to new locations.

Asia and Eastern Europe are the two regions with the most positive FDI (Foreign Direct Investment) prospects.

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FDI Forecast 2005-2008

“There were a number of surprises