ENGLISH

Asian Foreign Direct Investment in Africa: Towards a New Era of Cooperation among Developing Countries

By United Nations

Book information

Year
2007
ISBN
9211127122, 9789211127126, 9781429497565
Open Library ID
OL12894105M
Language
english
Format
PDF
Filesize
1 MB (1260848 bytes)
Pages
212\213
Topic
Economy
Time added
2011-06-04 13:46:07

Description

Foreign direct investment (FDI) in Africa by developing Asian economies is growing and has the potential to reach much higher levels. The present report notes that Africa-bound FDI is still a small percentage of the rapidly climbing foreign investments being made by Asian transnational corporations. The rapid economic growth in Asia can be expected to lead to increased Asian investments in Africa, in both natural resources and manufacturing. In particular, the rapid industrial upgrading taking place in Asia provides ample opportunities for Africa to attract efficiency-seeking and export-oriented FDI from Asian economies.

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