fDi Intelligence

There is more to the use of tariffs than as a mere act of trade hostility. In fact, tariffs may well have become a tool of investment promotion – rather, investment suasion. Turkey is a case in point. 🟣 Ankara introduced a 40% additional import tariff on EVs made in China in March, and extended it to any vehicle in June. 🟣 The official narrative by the Trade ministry explicitly refers to "encouraging domestic investment and production" as one of the reasons behind the measure. 🟣 It even introduced an extra incentive for those Chinese producers committing to producing in Turkey that would exempt them from the 40% additional tariff. ➡️ Bottom line: BYD signed an agreement for a $1bn facility in Turkey July, and a subsidiary of China’s Brilliance Auto Group also submitted a proposal to the Turkish government earlier in the month. Tariff jumping by MNEs is nothing new. But the strategic use of trade tariffs by policymakers in Turkey, as well as other fast growing countries like Brazil, is more of a novelty. Your thoughts❓What other countries are leveraging tariffs in a strategic way❓ Is this sustainable in the long run❓ Thx to Princeton University's Kyle Chan, Schmidt Automotive Research's Matthias Schmidt and Invest in Turkey's A. Burak Dağlıoğlu for sharing their thoughts on this. #FDI

📣Power of place survey🌍 We want to hear from business leaders on the importance of your location and the work place marketers do to promote your location and support your business. Complete the survey today and be in with a chance to win a ticket to The Next Web conference 2025 and a £100 Amazon voucher: https://lnkd.in/eKGGv-uH

🌍 The fDi Report 2024: European data trends 📈 Europe retains high levels of capital investment, with an estimated $347.6bn in announced FDI in 2023 — down from $382.9bn a year earlier, but still the third-best performance since records began in 2003. Discover the full investment picture including by project number and sector. Download your copy of the report today: https://lnkd.in/e4cbM3z6

🤖 Automation is a disruptive force. There are now more industrial robots and less manufacturing FDI projects. Here's why ↓ 📉 Between 2019 and 2023, the annual average number of greenfield FDI projects in manufacturing activities hit its lowest level ever, at just 2375 projects, according to five-year moving averages of fDi Intelligence data. 📈 At the same time, the number of newly installed industrial robots worldwide has grown by an annual average rate of 13.3% over the past decade, surpassing 550,000 in 2022, according to the International Federation of Robotics (IFR). 💡 Multinational companies have shifted their international footprints in recent years, opting to increase resilience over efficiency in their supply chains after the Covid-19 pandemic. Alongside a need to minimise exposure to geopolitical risks and reduce emissions from globally spread supply chains, many companies have regionalised their production networks by investing in factories closer to end consumer markets. 🤖 Advocates argue that robots can help reduce operating costs of factories and thus enable this shifting of supply chains. A study by the Korea Institute for International Economic Policy (KIEP) found that an increase in robot intensity in G7 source countries can reduce outward manufacturing FDI from these same economies. ❓ What do you think ❓ Can economies leverage automation to encourage more investment from domestic and foreign companies ❓ ↓ Let me know your thoughts in the comments below 💬 👏 Thanks to Susanne Bieller of IFR, Bruno Casella at UN Trade and Development (UNCTAD) and Guendalina Anzolin of Institute for Manufacturing (IfM), University of Cambridge for their expert comments. #data #Automation #IndustrialRobots #Manufacturing #FDI #GlobalInvestment #factories #reshoring #offshoring #FutureOfWork #econdev

Two days after the assassination attempt on Donald Trump, I spoke with #Indiana's governor Eric Holcomb about how to move on from the incident. 🔵 His message was clear: "This presents a unique opportunity for the former president, the current president and the electorate to seek a better way to focus on solving the issues that divide us." 🔵 That requires "model conduct that seeks to persuade, not divide" the population.  🔵 He also makes the case for aligning the state's goals with national policies, bipartisan policies and national security concerns regarding #China. Read the full interview here 👉🏽 https://lnkd.in/gydsdF2d #FDI #EricHolcomb #GovernorHolcomb #Indianagovernor #DonaldTrump #TrumpAssassinationAttempt #ChipsAct #Inflationreductionact #USelection #WhiteHouse #USpresidentialelection #foreigndirectinvestment #nationalsecurity #USpolitics #nationalsecurity #economicsecurity

In its first days in office, the UK's new #Labour government met with #mayors from across the country to reignite the #devolution of powers to local and regional government. It's a wise approach to economic development, writes SSE plc's Neil Kirkby, who says local leaders must be given space to become "nimble, risk-taking and entrepreneurial" policy innovators to drive an inclusive and green transition. In this #oped, he argues that the energy group's new wave of partnerships with UK regions and cities are early proof of the power of localised development 👉🏽 https://lnkd.in/gYXCVddf Have Your Say: What do you expect from the new UK government's focus on devolution? Let us know in the comments 👇🏽 #FDI #foreigndirectinvestment #economicdevelopment #econdev #justtransition #greentransition #UKdevolution #SSE #Newcastle #opinion #strategicpartnerships SSE Renewables #UKelection #NewUKgovernment #UKgovernment #Labourgovernment #metromayors

The trade and #investment dynamics between the US and #Asia are undergoing a fundamental shift, writes Lawrence Yeo in his latest column. Flows used to be driven by quantitative factors — like costs and taxes — but increasingly they are now powered by qualitative factors like talent, technology and industry clusters. #FDI #foreigndirectinvestment #APAC #oped #opinion https://lnkd.in/gcUfJArM

#Canada's pension funds are famous for their international investment strategies. But they are facing backlash at home with nearly 100 business leaders urging the government to find ways to channel local retirement savings into Canadian companies and projects. Stephen Poloz, Canada's ex central bank governor who is heading a national review of the issue, tells Danielle Myles he's more interested in "removing barriers" rather than "coercing" investment. Yet the debate has struck a cord in Europe, where governments and businesses are also vying for institutional capital. Thanks to Joe Dabrowski, Matti Leppälä, Pensioenfederatie (Dutch Federation of Pension Funds), National Conference on Public Employee Retirement Systems and Diego López for sharing your insights. #FDI #foreigndirectinvestment #pensionfunds #publicpensionfunds #institutionalcapital #Maple8 #Mapleeight #canadianpensionfunds #openletter #Canadiangovernment #Canadianinvestment #retirementsavings Osler, Hoskin & Harcourt LLP Pensions and Lifetime Savings Association PensionsEurope https://lnkd.in/gVTb3WKJ

🚨 "Explained | What is a free zone?" is LIVE 🤷♂️ Terminology used by foreign direct investment (hashtag #FDI) professionals can be confusing. fDi Intelligence aims to remedy this. 🎥 In our educational series, we explain all the main jargon and concepts in the world of FDI. The goal is to make this accessible to everyone. 7️⃣ Our seventh video gives a brief explanation of special economic zones, or SEZs, which are demarcated areas with favourable business conditions that aim to foster investment, exports and development: https://lnkd.in/gPqVbcAt ⏬ Previous episodes ⏬ 6️⃣ What is an EDO? 👉 https://on.ft.com/3xIHd6r 5️⃣ What is an IPA? 👉 https://on.ft.com/3S4qnWj 4️⃣ The difference between FDI and FPI 👉 https://on.ft.com/3JYT2I7 3️⃣ What is cross-border M&A? 👉 https://on.ft.com/3UJFs0b 2️⃣ What is 'greenfield' FDI? 👉 https://on.ft.com/3UmH1kh 1️⃣ What is FDI? 👉 https://on.ft.com/3Qopo2D #video #fdi #freezones #specialeconomiczones #sezs #business #incentives #investmentpromotion #explainers #explained #foreigndirectinvestment #economicdevelopment #econdev

Final call for entries: Global Free Zones of the Year 2024 The deadline, Monday 15 July Midnight BST, is fast approaching. Complete the survey today: https://lnkd.in/dQp_gTUw We are looking for those free zones which offer the best investment environments and prospects for business expansion and economic development.